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Partner's remuneration

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(Querist)
16 October 2013 sir,
if remuneration is paid to non working partner then it is not allowed to firm... so my point is whether it will not be taxable in hand of partner as well.....
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CA VISHNU GAVKARE

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CA VISHNU GAVKARE (Expert)
17 October 2013 Yes. since firm pays tax on the same it will not be taxable in the hands of partner.

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