Under the Income-tax Act, 1961, interest on capital received by a partner from a partnership firm is chargeable under the head
CS Executive · Tax Laws and Practice · PYQS · June 2015
Under the Income-tax Act, 1961, interest on capital received by a partner from a partnership firm is chargeable under the head
Answer & Explanation:
Correct Answer: Option (A)
Official answer key: (A).
Topics: Income Tax
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