Dear all
Where in (in which colum) in ITR-5 can i claim deduction u/s 40a and 40b interest to partner and remuneration to partners in schedule BP
1 Replies
CA Dhiraj Ramchandani
(CA, M. com)
(10823 Points)
Replied 17 March 2010
Look, u have to include the NET PROFIT (net of such remuneration and interest) to the schedule BP...
Such expenses are recoreded in OTHER EXPENSES head of Part A - P&L.....
Recent Topics
- Clarity regarding Sec 16(4)
- GST ON HOTEL ROOMS details
- Relief for Delayed Filing of Tax Forms
- Expire stock
- INCOME TAX AY 25-26
- Experienced CA firm for accounting & auditing
- Regarding Perquisite Tax on ESOP - Unlisted Compan
- Casual Taxable Person under GST
- Extended Date of GSTR-1 for the month of July 2020
- NRO Interest - Taxed at source and in Foreign Coun
Related Threads
CAclubindia
