Certification Course on Practical Filing of Income Tax Returns
AI for Accounting, GST & Finance Practice
Certification Course on Prompt Engineering Mastery for Finance Professionals
3-Day Session on Input Tax Credit (ITC)
yes. 40 b will be applicable to workout the maximum permissible amount of remuneration. However remuneration paid to partner in HUF capacity will be taxed in his individual hands.
My question is in which head income will be taxable under Salary Head or under Income from Business and profession?
Thanks,
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