deduction from Partners remuneration & Interest

madhan (partner) (43 Points)

19 January 2011  

hi frieds my client has income from Remuneration,interest on capital from three partnership firms and has total taxable income of Rs 10.00 Lacs. now my query shall we get any type of deduction to my client from remuneration & Interest on capital earned from partnership firms other than deductions undre VIA &  investments under 80Cc ect.

please reply me as early as possible thanking u