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Allowance by partnership firm

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Querist : Anonymous

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Querist : Anonymous (Querist)
24 June 2013 a partnership firm is providing allowance to its partners. i want to know whether these allowances will be deducted or exempted in the patrners income tax
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TKKKKKK

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TKKKKKK (Expert)
24 June 2013 Share from the Partnership is exempted. salary, allowance etc are taxable for individual partner.

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