Remuneration to Partners

saud ahmed (Student CA IPC / IPCC) (270 Points)

06 August 2019  
can I pay entire max. remuneration allowed under income tax to only one partner instead sharing it to all partners to claim allowable expenses.?
means if I have 3 lakh profit then I credit 2.7 lakh remuneration to 1 partner and no remuneration to other partners.