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Remunearion to partner urgent

This query is : Resolved 

29 January 2014 is REMUNERATION PAID TO PARTNER WHO IS HUF ALLOWABLE U/S 40(b) or not. please answer with justification

29 January 2014 The salary income earned by partner is to be related to labour and employment. By its very nature, salary is paid for certain services rendered and can be earned by individual and not by HUF.



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