Claim for estimating income / deemed income u/s 44AD on ...
Section 44AD: Partner's Remuneration and Interest Not Classified as Business Income for Tax Compliance.
February 4, 2019
Case Laws Income Tax AT
Claim for estimating income / deemed income u/s 44AD on remuneration and interest received from firms - the intention was to help small business to comply with the taxation provisions. Intention was not at all to construe a partner’s remuneration or interest as business income.
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