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Tds on partner salary

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(Querist)
20 August 2011 whether firm is liable to deduct tds on partner's salary.????
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Ram Avtar Singh

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Ram Avtar Singh (Expert)
20 August 2011 No Partnership firm is not required to deduct TDS on salary paid to partners because salary received from firm by a partner is ataxable as business profit in the hands of partners.

Profit earned by the partnershiip firm has to be distributed among partners in their Profit sharing ratio
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