income tax related question.
there is a partnership firm name A B & CO.. having two partner A & B .
Partnership firm took office on rent from one of the partner's huf. say A-Huf.
the question is
can partnership firm claim rent as deduction (debit to p & l acc) ?
is it allowed under income tax?
Is rent paid to partner's huf by partnership firm deductible
Umang (Chartered Accountant) (71 Points)
13 July 2012