16 April 2012
There is no provision like this. Section 194J has been amended for including the TDS provisions on amount payable by a company to its directors like sitting fee etc. which is not included while deducting TDS on his salary U/s 192. .
17 April 2012
There is nothing to do of patners' salary with newly inserted section. The new section is applicable only for directors of the company.
There is no TDS on remuneration to partners but there is limit u/s 40(b) for deduction beyond which deduction will not be allowed. TDS will not be deducted even if payment exceeds the limit but the firm will get the deduction to maximum limit.