Income tax
Tejas Jasoriya (CPT clear) (284 Points)
15 October 2015
What are the provisions of sec 10(2A) of Income Tax Act 1961??
3 Replies
Karthik.V.Kulkarni
(Chartered Accountant)
(594 Points)
Replied 15 October 2015
Share of profits from a firm is exempt in the hands of partern to the extent the firm is assessed seperately
Miss Rinkal
(Student)
(1309 Points)
Replied 15 October 2015
It is an exemption section available to the partner of a partnership firm wherein the share of profits derived from the partnership firm will be exempted in the hands of partners in their PSR
Tejas Jasoriya
(CPT clear)
(284 Points)
Replied 15 October 2015
Thank u Rinkal and karthik....You r really helpful
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