Partners remuneration

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Querist : Anonymous

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Querist : Anonymous (Querist)
13 September 2015 Dear experts
i have two following query...

(1) is there any ST liability on firm for given interest and remuneration to it's partners,
(2)weather firm need to deduct TDS for given interest and remuneration to it's partners,


thanks & regard
nidhi gupta

13 September 2015 1 No ST liability on interest and remuneration to partners.
2 No TDS applicable on interest and remuneration to partners.


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