Share of a partner from the firm is
A. Taxable as salary
B. Taxable as business Income
C. Exempt u/s 10(2A)
D. Taxable as income from other sources
Answer:C
Share of a partner from the firm is
A. Taxable as salary B. Taxable as business Income C. Exempt u/s 10(2A) D. Taxable as income from other sources