TDS on Salary paid to Partner
This query is : Resolved
20 June 2008
Anyone can tell me whether TDS deducted on payment of salary to partner in partnership firm?
20 June 2008
No There is no applicability to deduct TDS on Remuneration paid to partner, Since this income is taxable to Partner under the Head Business or Profession.
24 June 2008
Yes. Pranav is correct
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