banner_ad

Husband and wife working partner

Others 1748 views 3 replies

Husband and wife working partner in same firm , it is possible without clubbing provision regarding salary from partnership firm .According to income tax act it is not salary income , but treated as business income . Please advise me .

Replies (3)
clubbing provision section 64 applicable or not . please clear guidelines me
clubbing provisions are not applicable since husband and wife are partners as per p'ship deed. both of them will be paid salary as per provisions contained in the deed and salary recd will be considered as business income.
agree with Giridhar pov


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
19 May 2026
Fundraising Expert

MentorsWorld Ventures Private Limited

Ahmedabad

Others

View Details
Company
ARTICLESHIP 31 May 2026
Article Assistant

KPRS And Associates

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 08 June 2026
Internal & Taxation Article

O P Bagla & Co LLP

New Delhi

CA Inter

View Details
Company
23 May 2026
Article Assistant

Geeta Manchanda & CO.

New Delhi

CA Inter

View Details
Company
22 May 2026
U.S. Financial Reporting & Consolidation Manager

Karia Overseas

Ahmedabad

CA

View Details
Company
ARTICLESHIP 27 May 2026
CA Article Trainee

Rahul Dang & Associates-Chartered Accountants

Pune

CA Inter

View Details
Company
26 May 2026
Education Content Creator

Adyayam Education LLP

Bengaluru

CA Foundation

View Details
Company
22 May 2026
Audit assistant

Displayandbeyond

Mumbai

CA

View Details