Salary of a partner

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sasmita prusty (Querist)
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03 July 2016 how a partner of a firm can show hi salary and share of profit as income for payment of taz. which benifits he can take for allary

Meena Rajesh Jalan (Expert)
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04 July 2016 Salary received by a partner is taxable as his business income. and share of profit from partnership firm is exempt.

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