Under the Income-tax Act, 1961, interest on capital received by a partner from a partnership firm is chargeable under the head

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Question:
Under the Income-tax Act, 1961, interest on capital received by a partner from a partnership firm is chargeable under the head

1.Profits and gains of business or profession

2.Income from other sources

3. Capital gains

4.None of the above

Posted Date:-2022-08-28 04:25:54

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