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technical fee paid to working partner

This query is : Resolved 

06 September 2020 A firm paid fee for technical services to working partner. Whether this need to be considered under the ceiling limit prescribed under section 40(b). TDS deducted under section 194J. In other words , the wording in 40(b) " remuneration whatsover be the nature" would include any fee paid to working partners as fee for technical and professional services

06 September 2020 Yes, this need to be considered under the ceiling limit prescribed under section 40(b).




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