Chetan Dikshit
(Assisstant General Manager-Taxation )
(28 Points)
Replied 27 August 2019
Sir, can we have any wordings from ACT, stating that drawing of salary is not necessary to be a working partner.
As all are taking implied meaning that working partner in explanation 2(iii) of Section 139 means partner drawing salary from firm, what if firm has loss?
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