I have income calculated @ 8% of sales under sec. 44AD for my firm ABC, Now my question is that where to fill the amount of partners remuniration and intrest on partners capital. in ITR 5.
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Itr 5 with income under 44ad
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Hello Krishna ji
there is no specific column in ITR 5 for deduction related to 40(b) , but you can claim deduction for the same by filing the amount in column no. 30 in Sch BP.
Correct me if i m wrong..
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