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TECHNICAL FEE PAID TO PARTNER

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(Querist)
21 January 2021 Can a Partnership Firm paid as technical fee to partner ??? Have any legal contradictions about that ???

Please guide me
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
21 January 2021 it will be treated as remuneration to partner. partner is expected to provide his full expertise to business and shall not be remunerated for any excess service provided.

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