Tds on partners remuneration

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

05 March 2014 What is the rate of TDS deduction on remuneration paid to partners??
Is it covered under section 192 or 194J??

Sandeep Dharar

Sandeep Dharar (Expert)
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05 March 2014 It is covered under 192B (Salary), & not under 194J. Hence treated as deducted frm salary.

Ganeshbabu K

Ganeshbabu K (Expert)
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05 March 2014 partner remuneration is taxable under business income
.
.
Hence neither 192 not 194J applicable
.
.
No TDS applicable on partner remuneration

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Ganeshbabu K

Ganeshbabu K (Expert)
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05 March 2014 partner remuneration is taxable under business income
.
.
Hence neither 192 not 194J applicable
.
.
No TDS applicable on partner remuneration

Ganeshbabu K

Ganeshbabu K (Expert)
Follow

05 March 2014 partner remuneration is taxable under business income
.
.
Hence neither 192 not 194J applicable
.
.
No TDS applicable on partner remuneration