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Tds

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(Querist)
10 May 2011 Dear Respective sir,

I would like to know if partnership company
having two partner,
on partner taking salary and other partner is not taking salary.

will tds applicable on partner salary?
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Ram Avtar Singh

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Ram Avtar Singh (Expert)
10 May 2011 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.
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shivshanker

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shivshanker (Querist)
10 May 2011 but partner want to take as salary, in deed also.
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Pankaj Gandhi Jaiswal

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Pankaj Gandhi Jaiswal (Expert)
05 June 2011 No TDS at all in this case

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