Minor Partners remuneration

This query is : Resolved 

14 August 2009 Respected Experts,
my qn. is - in case of a partnership firm, if a minor is partner, is he/she elegible for remuneration from such partnership firm, as a partner,
Pls. discuss the matter from the point of view of both laws, Income Tax Act. 1961 as well as Indian Partnership Act. 1932,
Pls, solve this matter as early as possiable -
Debashis
e mail ID - kstda@rediffmail.com

17 August 2009 Respected Experts,
my qn. is - in case of a partnership firm, if a minor is partner, is he/she elegible for remuneration from such partnership firm, as a partner,
Pls. discuss the matter from the point of view of both laws, Income Tax Act. 1961 as well as Indian Partnership Act. 1932,
Pls, solve this matter as early as possiable -
Debashis
e mail ID - kstda@rediffmail.com


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