Reporting under clause 16 3CD

in case person is carrying on his normal business and being audited under 44AB
and he is also partner in some other firm can we report salary and interest received by him from partnership in clause 16 of form 3CD under his normal proprietorship business
Replies (7)
Quick Summary
This discussion clarifies whether salary and interest received by an individual from a partnership firm can be reported under Clause 16 of Form 3CD when their proprietorship business is undergoing an audit under Section 44AB. The consensus is that this income can indeed be reported, with confirmation that ITR data entry also provides an option for such reporting.

Yes , You may report.

Even ITR data entry also there an option to report
What is the nature of business
Normal proprietorship business where tax audit is applicable.

Query is clear.
THANKS
ITR data entry option where?
Are you a partner / director etc ?
Tax audit requirements.
Yes I agreed with Mr Eswar Reddy...

@ Jatin Verma...
You report the income, Salary, Profit and Capital details of partnership firm in Your ITR under the questionnaire of "Are You A Partners/Director".


@ Sabyasachi...

Why ...???πŸ™ˆπŸ™ˆπŸ™ˆπŸ™ŠπŸ™ŠπŸ™Š

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