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Partners remuneration

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(Querist)
16 September 2011 While filling income tax return ITR V, under which head does partners remuneration and interest goes.
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Ravikant

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Ravikant (Expert)
16 September 2011 Income from Business
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PRANAY JAIN

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PRANAY JAIN (Querist)
16 September 2011 Tx but i want to know while filling it return of a partnership firm not partner.
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Ravikant

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Ravikant (Expert)
16 September 2011 other expenses
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PRANAY JAIN

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PRANAY JAIN (Querist)
16 September 2011 I don't think that correct
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Ravikant

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Ravikant (Expert)
16 September 2011 IN ITR 5 THERE IS NO PROVISION FOR FILLING THE SAID AMOUNTS, EVEN THE INSTRUCTIONS DONT MENTION,THUS ONLY OTHER EXPENSES CELL IS ONLY OPTION.

IF YOU GET THE CORRECT ANSWER EVER, POST IT HERE
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PRANAY JAIN

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PRANAY JAIN (Querist)
17 September 2011 Yes there is no other option, will interest to partners go in interest option or in other expenses.
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Ravikant

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Ravikant (Expert)
17 September 2011 interest to partners go in interest option
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