ITR Forms of Partnership and Partners
Last updated at Dec. 16, 2024 by Teachoo
Chapter 7 Business Income-Patnership
Comparison -Income Tax for Proprietroship and Partnership
Section 44AD in Case of Proprietorship and Partnership
Section 44ADA in Case of Proprietorship and Partnership
Section 44AE in Case of Proprietorship and Partnership
Can a Proprietorship claim Proprietor Salary
Can a Partnership pay Partner Salary
Max Salary/Remuneration in case of Partnership
Can Interest on Capital be paid in case of Proprietorship/Partnership
ITR Forms of Partnership and Partners You are here
Chapter 7 Business Income-Patnership
Last updated at Dec. 16, 2024 by Teachoo
ITR Forms of Partnership If Claiming Section 44AD/44ADA/44AE Scheme ITR 4 If not Claiming 44AD/44ADA/44AE Scheme ITR 5 Examples Turnover More than 2 Cr for Business Turnover More than 50 lacs for Professionals Showing Less than 8%/6% Profit for Business Showing Less than 50% Profit for Professionals Agency Business ITR Form for Partners If Having PGBP Income If No PGBP Income ITR 3 ITR 2 Example Income from Partnership (Audit) Salary/Interest Received Some other Business of Partner (other than Partnership) Example Partnership is Non Audit No Deduction for Salary/Interest No other Business of Partner (other than Partnership)