36.—(1) Where a trade, business, profession or vocation is carried on by 2 or more persons jointly —
(a)
the income of any partner from the partnership for any period shall be deemed to be the share to which he was entitled during that period in the income of the partnership, such income being ascertained in accordance with the provisions of this Act, and shall be included in the return of income to be made by such partner under the provisions of this Act; and
(b)
the statutory income of any partner from the partnership shall be computed in accordance with section 35 by treating his share of the divisible income of the partnership as though it were income of a trade, business, profession or vocation carried on or exercised by him.
(2) This section shall not be deemed to apply to any trade, business, profession or vocation carried on by a Hindu joint family.