McqMate
| Q. |
Interest on capital or loan received by a partner from a firm is __________ |
| A. | Exempt u/s 10 (2A) |
| B. | Taxable as business and profession income |
| C. | Taxable as income from other sources |
| D. | None of the above |
| Answer» B. Taxable as business and profession income | |
View all MCQs in
Direct TaxNo comments yet