Partnership deed
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
10 March 2014
Can husband and wife be partners in same firm and remuneration be paid to them?
How will be the tax impact in the angle of Income Tax provisions?
How will be the tax impact in the angle of Income Tax provisions?
10 March 2014
Ya then can b partners in the same firm, and they can also hv right to receive remuneration but according to the agreement.
Salary will b treated as income from firm 4 the partners, & will b taxable under Business & Profession...
Salary will b treated as income from firm 4 the partners, & will b taxable under Business & Profession...
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