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Partner's Salary Paid in Cash

This query is : Resolved 
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(Querist)
11 March 2010 Can any one please let me know whether partner's remuneration eligible as per IT Act and if paid in cash exceeding the limit prescribed under sec 40A(3) is disallowable or not?
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Ram Avtar Singh

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Ram Avtar Singh (Expert)
11 March 2010 No restriction on salary. you can paid it.

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