Interest on capital or loan received by a partner from a firm is __________
A) Exempt u/s 10 (2A)
B) Taxable as business and profession income
C) Taxable as income from other sources
D) None of the above
Correct Answer:
Verified
Q1: Salary, bonus commission or remuneration due to
Q2: Perquisite received by the assesses during the
Q4: Export incentives received by an assessee are
Q5: M.Who was carrying on agency business, received
Q6: Depreciation is allowed in case of _
A)Tangible
Q7: If the asset of a particular block
Q8: Which of the following tax is allowed
Q9: where the amount of an expenditure claimed
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