TMI BlogSalary and interest received by partner from 44AD opted firmX X X X Extracts X X X X X X X X Extracts X X X X ..... Salary and interest received by partner from 44AD opted firm X X X X Extracts X X X X X X X X Extracts X X X X ..... from the firm which has opted 44AD presumptive scheme is taxable or exempt in the hands of Partner? Let us assume A.Y. 2019-2020 FIRM OPTED PRESUMPTIVE TAXATION UNDER 44AD FIRMS'S TURNOVER(no ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... n digital) = 95 LACS SALARY PAID TO PARTNER A AND B 240000 EACH P.A. INTEREST PAID TO PARTNER A AND B 120000 EACH P.A. PARTNERS ARE HAVING NO INCOME OTHER THAN SALARY AND INTEREST NOW MY QUESTION ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... IS WHAT IS TOTAL INCOME OF PARTNERSHIP FIRM?
WHAT IS TOTAL INCOME OF PARTNER A AND B? X X X X Extracts X X X X X X X X Extracts X X X X
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