Parntner
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
07 July 2013
Dear Sir,
A person who runs his proprietorship business or profession can be a working partner in a firm and can receive salary for his workings.
A person who runs his proprietorship business or profession can be a working partner in a firm and can receive salary for his workings.
CMA Ramesh Krishnan
(Expert)
07 July 2013
Yes. working partner can receive salary. how ever the same considered as Business income only
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