EASYOFFICE

Regarding tds on salary of partners

This query is : Resolved 

24 September 2014 Section 194A clearly says that if any interest paid to partners than no need to deduct tds on such interest but on the other hand section 192 Not give any exception on payment of salary to partners. Than why we not apply section 192 on salary paid to partners.

25 September 2014 because the salary paid to partners doesn't take form of salary under section 17. It is covered as business income under section 28.




You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries