EXPENDITURE U/S 35AC

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..... EXPENDITURE U/S 35AC
Query (Issue) Started By: - Dhananjay Vishwakarma Dated:- 4-1-2011 Last Reply Date:- 21-7-2011 Income Tax
Got 1 Reply
Income Tax
IF ASSESSEE IS PARTNER IN A FIRM AND .....

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..... 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 By Mukesh Kumar: The Reply: There is no .....

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..... t 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 exemption under section 35AC if you satisfy the .....

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..... conditions of this section.
Discussion Forum - Knowledge Sharing .....

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