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 | |
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