Im filing ITR-5 of a partnership firm..
In the efiling form were shall i claim deductions under section 40..which is for salary paid to partners and interst paid to them...
Partners Salary in itr 5
rz's (TRAINEEE) (243 Points)
08 March 2011
CA SHRIPAL LUNIYA
(CA, CS Final & M.Com)
(744 Points)
Replied 08 March 2011
siri
(CFO)
(174 Points)
Replied 26 March 2011
in schedule "BP", at column no. 30- Any other amount allowable as deduction., in that colum u mention the total amount of salary & int. of all partners.
lokesh bezzam
(Student CA Final )
(73 Points)
Replied 04 July 2013
Dear friends.,
My query is where to enter the amount paid as remuneration to partners in ITR 5 ?
I want to know how to go ahead with the form filling......
thanks and regards
Lokesh Bezzam
Excel Mastery Program