Partners remuneration
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
08 February 2017
Sir,
Our is partnership firm,whether we can show remuneration to one partner and file the same in the individual return of partner as remuneration from such business
Our is partnership firm,whether we can show remuneration to one partner and file the same in the individual return of partner as remuneration from such business
08 February 2017
Remuneration must b paid to partners only if mentioned in the partnership deed. It is taxable in the hands of partner in his/her individual return.
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