Whether salary and interest will be allowed for deduction as per section 40 (b) in case of partnership firm addopting presumtive income under section 44AD??
AMITESH YADAV (Student CA Final ) (68 Points)
11 May 2021Whether salary and interest will be allowed for deduction as per section 40 (b) in case of partnership firm addopting presumtive income under section 44AD??
Lotus Agrawal
(Practice)
(1356 Points)
Replied 11 May 2021
CA. Sourav Sarkar
(Chartered Accountant )
(24578 Points)
Replied 11 May 2021
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