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TDS

This query is : Resolved 
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(Querist)
21 December 2010 Dear Sir/Mam
I work in Partnership where every partner get - Rs .- 300000/- as a Salary for a year. is it posible to not deduct TDS on that salary please provide the notification or clearification about such.
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AMAN Gupta

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AMAN Gupta (Expert)
21 December 2010 This income is not taxable under salary head for the partner. it is taxable under PGBP. So, sec.192 is not applicable here. and there is no other section for deduction of tax on this payment
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CA Shailesh Kumar Bhagat

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CA Shailesh Kumar Bhagat (Expert)
21 December 2010 I am agree with Aman reply.
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sivasankar

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sivasankar (Expert)
22 December 2010 Sir,the partner is not employee of the firm but he is one the owners of the firm.You have to deduct TDS only to employees.
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