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Partner's salary

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20 May 2012 disallowed part of partner's remuneration to be deducted from individual income as tax has been paid by partnership firm to avoid double taxation of income.
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CA Siddhartha Bhardwaj

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CA Siddhartha Bhardwaj (Expert)
21 May 2012 The amount of partner's salary disallowed u/s 40(b) shall not be included in his total income.
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