Hi.
An Assessee who is a partner in a firm, received his share of profit, remuneration and interest on capital from the firm. The interest on capital is negative. Can any one please reply me as to whether this negative interest on capital can be netted off against the income from business (i.e., partners' remuneration) while computing his total taxable income.
Dear Deepika
How you got interest on capital negative ??
this is an invalid question
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