Salary of a partner
This query is : Resolved
sasmita prusty
(Querist)
03 July 2016
how a partner of a firm can
show hi salary and share of profit as income for payment of taz. which benifits he can take for allary
Meena Rajesh Jalan
(Expert)
04 July 2016
Salary received by a partner is taxable as his business income. and share of profit from partnership firm is exempt.
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