partner income tax return
prashant Kumar Singh (student) (246 Points)
31 July 2018prashant Kumar Singh (student) (246 Points)
31 July 2018
CA Jubair J Jeri
(Practicing Chartered Accountant)
(147 Points)
Replied 31 July 2018
No , you have to show profit in partners income tax return , as such their will no tax liability on that share of profit from firm , as it is exempt under section 10(2A)
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