Taxability of Interest and Remuneration to partner
Shakir Ravjani (Student) (192 Points)
28 July 2018
What isTaxability of Interest and Remuneration to partner?
Shakir Ravjani (Student) (192 Points)
28 July 2018
Ruchika Somani
(Coaching and Practice in Tax Audit Law.)
(4429 Points)
Replied 28 July 2018
taxability in the hands of whom?
Shakir Ravjani
(Student)
(192 Points)
Replied 28 July 2018
Ruchika Somani
(Coaching and Practice in Tax Audit Law.)
(4429 Points)
Replied 28 July 2018
Remuneration and Interest received will be taxable.
Only share from firm i.e share in profit is exempt in hands of partner u/s 10(2)
Shakir Ravjani
(Student)
(192 Points)
Replied 28 July 2018
Ruchika Somani
(Coaching and Practice in Tax Audit Law.)
(4429 Points)
Replied 28 July 2018
| Originally posted by : Shakir Ravjani | ||
 |
isn't there some limit up to which interest and remuneration exempt to firm and taxable to partner... beyond such limit it is taxable to firm and exempt to partner? |  |
No No there is nothing like such
Nikki Goel
(64 Points)
Replied 29 July 2018
Deepak
(na)
(174 Points)
Replied 03 August 2018
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