Menu
Income tax under 44 ad
can I diduct interest on capital and remuneration to partners from presemptive income( 8 % of turnover ) under 44 ad ?
Replies (1)
Yes . But only to working partners and that too within the provisions of Sec 40(b)
Recent Threads
- GSTR 2B ( MULTIPLE MONTHS )
- Eway bill generation for export material.
- International Tax clarification UK.
- E way bill expired penalty
- Best SME Focused AIF Funds in India for High Growt
- How does employee management software help in stat
- Clarification Required – Section 18 of Wage
- How to split freelance project income with a frien
- 194a for A y 2024-25
- Compensation & Benefits
Related Threads
CAclubindia
