Math, asked by ranjani531999, 4 months ago

Salary by a partner is taxable under the head_____​

Answers

Answered by Sarah0909
13

Answer:

12 August 2013 As per Section 28(v) salary received by a partner from a partnership firm is taxable as business income. Accordingly benefit of Section 44AD will be AVAILABLE. The salary shall be taken to be the gross receipts.

Hope it helps you

Answered by aanurayaprol
0

Step-by-step explanation:

salary received by a partner from a partnership firm is taxable as business income. Accordingly benefit of Section 44AD will be AVAILABLE. The salary shall be taken to be the gross receipts

Similar questions