Salary received by the Partner of a Firm is charged under the head
When a partner of a firm receives a salary, it is treated as "Business Income" for tax purposes. The partner's salary is considered part of the overall income generated by the business, and it is taxed accordingly under the category of business income.
Which of the following is definitely true?
How many male members are in the family?
There are five members in the family. J is father-in-law of Y, who is sister-in-law of W. E is mother of W. L is the only brother of W. J is married. Wh...
How is P related to M’s son?
In expression ‘L & Q % N – Y * X’, how is X related to L?
H is grandson of B, who is not mother of F. G is wife of F, who is father of H. A is mother of D, who is brother of F. How is B related to D?
How is E related to D’s mother?
G’s mother is the sister-in-law of P and P is the only daughter of F. E is G’s brother. How is P related to E?
How is T related to U?
How is O related to N?
