Tds on partner's salary

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Querist : Anonymous (Querist)
05 January 2016 whether firm paying remuneration to its partner more than the taxable limit will liable to deduct tds on the part of remuneration paid to partner's.

05 January 2016 No, TDS is not required to be deducted by the firm on remuneration to the partners even it exceeds the taxable limit.



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