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What is the impact of negative interest on capital in itr

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(Querist)
26 December 2018 If a assessee have negative interest on capital whether it shall be reduced from remuneration on not in income tax return
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Rupesh Jain

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Rupesh Jain (Expert)
26 December 2018 under partnership you have to check deed if deed have provision, then you have to take as income of firm. and reduce from capital of partner.

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