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Ay 2018-19

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(Querist)
03 July 2018 Whether deduction of Rem and intt on capital is allowable in case of partnership firm.
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CA Ankit R Momaya

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CA Ankit R Momaya (Expert)
03 July 2018 Yes, it is allowed subject to provisions of Sec 40(b)
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RAJA P M

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RAJA P M (Expert)
03 July 2018 Yes... I agreed to Mr CA Ankit R Momaya., Yes... It's allowed if the firm opt u/s 44AA and 44AA with 44AB...
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