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Partnership Firm Remuneration

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(Querist)
13 February 2023 Can a Professional as a partner in a Partnership Firm take extra amount other than Remuneration mentioned in Income Tax Act for working more than Others Partners. Please suggest as per Income Tax Act
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
13 February 2023 Yes, provided enacted in Partership deed.
The same shall be taxable under IT act.

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