mr vijay is a partner in tools& co. in mumbai. he received rs 30000 as share income from the firm for year ended 31/03/2017. he also received interest at 12% per annum on capital invested amted to rs 24000.
his income includable in individual assessment shall be ??
1 Replies
CA Rashmi Gandhi
(Chartered Accountant)
(86323 Points)
Replied 03 June 2017
Income will be Rs.24000/-
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