If a LLP makes payment of Partner's Remuneration to its foreign Partner. Whether the same will be taxable in the hands of the foreign Partner..??
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TDS on Partner's Remuneration on foreign partner
Replies (4)
but Partner's Remuneration is exempt under Income Tax Act for a resident..
Same is not the case with a NR...??
Same is not the case with a NR...??
partner's remuneration is not exempt only his share of profit from firm is exempt
Yes. You are right.
So, TDs would be deducted u/s 195 @ 31.2%..??
Can someone plz confirm the rate at which the TDS is required to be deducted..
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