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tds on partners salary

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(Querist)
20 September 2010 Respected experts plz guide me if we should deduct tds from partners salary as it come under the head the head " income from salary"
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
20 September 2010 No, Partners salary will not covered under Salary Income
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
20 September 2010
The salary or remuneration to a partner by a partnership firm is not charged under the head INCOME FROM SALARY , but treated as “business income” in the hands of partner's. Therefore, there is no question of TDS on salary or remuneration paid by the firm to the partner's of a firm .
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DEVENDER THAKUR

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DEVENDER THAKUR (Querist)
21 September 2010 thanks a lot sir
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