Sec 10(10D )

Whether Sec 10(10D ) is applicable for partnership firms?
Replies (2)
Quick Summary
This discussion explores the applicability of Section 10(10D) to partnership firms. While some believe firms can claim these benefits, others argue against it, citing the unavailability of Section 80C deductions for firms as a key factor.

Yes...partnership firms can claim benefit of sec 10(10D)
No, firm can't claim 10(10D)
Since deduction u/s 80c isn't available to firm.

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