persumptive taxation ITR5
In which colum to fill persumptive taxation for partnership firm. How to fill partner remuneration and interest. AY 2015-16
Asked 3 years ago in Income Tax from chennai, Tamil Nadu
Under schedule BP there is separate column to report income under presumptive taxation.
You can check the same at Schedule BP on Point No. 4 for profit and Point 31 for deduction relating to Int and Remuneration.
Profit or loss included in 1, which is referred to in section 44AD/44AE/44B/44BB/44BBA/44BBB /44D/44DA Chapter-XII-G/First Schedule of Income-tax Act