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Is remuneration optional or mandatory

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D G MOHAN (Querist)
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21 May 2026 Is remuneration to partners of partnership firm is optional or mandatory. Please clarify

Aashok Kumar Sharma

Aashok Kumar Sharma (Expert)
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21 May 2026 Remuneration to partners of a partnership firm is optional, not mandatory. Under Section 13(a) of the Indian Partnership Act, a partner is not entitled to any salary unless it is explicitly agreed upon. To pay and claim remuneration as a tax deduction, it must be clearly authorized in the Partnership Deed and stay within the statutory limits prescribed under Section 40(b) of the Income Tax Act.

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