dear tax tax experts
whether any amendments have been made in respect of deductions in respect of salary remuneration interest on capital paid to partners in 44ad cases.
previously it was deductible from total income declared under 44ad.
later salary remuneration interest on capital to partners are also included in the total income declared under 44ad and separate deductions were allowed. but now I couldn't find any relevant provisions in the sections.
yes separate deduction is not allowed
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