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Salary to partner

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Querist : Anonymous

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Querist : Anonymous (Querist)
04 April 2012 Partner getting salary from firm.can he get rent deduction / medical bills upto 15000/- on that salary amount ?
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CA Prashant Gupta

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CA Prashant Gupta (Expert)
04 April 2012 salary to partner does not cover under income from salary, but cover under the head income from business & profession, hence no such deductions are available.

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