04 October 2017
I have business income from Propritorship Firm & Income from Partnership Firm for e.g. Remunaretion, Interest on Capital & Profit from Partnership Firm.
06 October 2017
choice is between ITR 2 and ITR 3...... as per the original query..."in ITR 3 where to put remuneration, interest and profit from partnership firm?" and the answer is ITR 2 is meant for showing remuneration, interest and profit from partnership firm.
Now in case of a person having partnership income as well as proprietary business income...... it is a question mark? Some practical solution, therefore, needs to be thought of. Depending upon the quantum of income from partnership vis a vis proprietary, decision be taken whether to opt for ITR 2 or ITR 3
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