Easy Office
LCI Learning

Interest on capital

This query is : Resolved 
Profile Image

Profile Image

(Querist)
19 July 2012 Whether a partner who has received interest on Capital and also remuneration from a firm, the total income of which is deductible under section 80IC is liable to pay tax on such receipts?
Profile Image

CA PARAS BAFNA

Profile Image

CA PARAS BAFNA (Expert)
19 July 2012 Yes, Partner has to pay tax on interest and remuneration.
.
Profile Image

CA BHARATH KUMAR

Profile Image

CA BHARATH KUMAR (Expert)
19 July 2012 he should pay int and remuneration
Upgrade to CAclubindia Pro. Subscribe Now!


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries



Live Budget News and Updates

Trending Online Classes

view all classess
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
Click here for more bestsellers


Answer Query



Quick Links