Salary and interest received by partner from 44AD opted firm

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....alary and interest received by partner from 44AD opted firm<br> Query (Issue) Started By: - Nitin Arora Dated:- 18-10-2019 Income Tax<br>Income Tax<br>whether salary or interest received by a partner ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....from the firm which has opted 44AD presumptive scheme is taxable or exempt in the hands of Partner? Let us assume A.Y. 2019-2020 FIRM OPTED PRESUMPTIVE TAXATION UNDER 44AD FIRMS&#39;S TURNOVER(non....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... digital) = 95 LACS SALARY PAID TO PARTNER A AND B 240000 EACH P.A. INTEREST PAID TO PARTNER A AND B 120000 EACH P.A. PARTNERS ARE HAVING NO INCOME OTHER THAN SALARY AND INTEREST NOW MY QUESTION I....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....S WHAT IS TOTAL INCOME OF PARTNERSHIP FIRM? WHAT IS TOTAL INCOME OF PARTNER A AND B?<br> Discussion Forum - Knowledge Sharing ....