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Assessment Proceedure

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Querist : Anonymous

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Querist : Anonymous (Querist)
28 April 2010 Sir if the above income (Rs 75 lacs) is interest on capital employed(not in receipt of any other income from firm)then under which head?
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Aditya Maheshwari

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Aditya Maheshwari (Expert)
28 April 2010 if interest is received from partnership firm then the partner himself will be liable for audit u/s 44AB and hence due date 30.09
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Querist : Anonymous

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Querist : Anonymous (Querist)
28 April 2010 Thank you so much sir
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