EXPENDITURE U/S 35AC

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..... IF ASSESSEE IS PARTNER IN A FIRM AND HE IS RECEIVING REMUNERATION AND INTEREST. IN THIS CASE ITR 3 I APPLICABLE BUT ASSESSEE EXPS U/S 35AC ALLOW OR NOT. PLS FORWARD ME CASE LOW IN THIS CASE - Reply .....

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..... By Mukesh Kumar - The Reply = There is not restriction u/s 35AC to allow deduction in case of partner out of remuneration or interest from partnership firm. I think you can claim the benefit of exem .....

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..... ption under section 35AC if you satisfy the conditions of this section. - EXPENDITURE U/S 35AC - Query Started By: - Dhananjay Vishwakarma Dated:- 4-1-2011 Income Tax - Got 1 Reply - Income Tax - D .....

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..... iscussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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