McqMate
Q. |
Under the Income-tax Act, 1961, interest on capital received by a partner from a partnership firm is chargeable under the head |
A. | Profits and gains of business or profession |
B. | Income from other sources |
C. | Capital gains |
D. | None of the above |
Answer» A. Profits and gains of business or profession |
View all MCQs in
Tax Planning and ManagementNo comments yet