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Int. on capital head of income

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article trainee
230 Points Posted on 27 September 2016
int. on capital of a sleeping partner to b charged under which head of income while assesing parter income
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On 27 September 2016 at 00:15 Report
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Practising CA
8954 Points Posted on 27 September 2016
Profits and gains from business profession.
30 Reply
On 27 September 2016 at 00:27
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Chartered accountant
236 Points Posted on 27 September 2016
pgbp.. if the rate of interest is in excess of twelve percent,such excess amount is not taxable..
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On 27 September 2016 at 07:13
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-
29 Points Posted on 27 September 2016

Shown in pgbp but not exceed 12%

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On 27 September 2016 at 08:25


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