Can a partnership firm give salary and rent to its employee
CA Devesh Thakur (CA ) (303 Points)
11 April 2015CA Devesh Thakur (CA ) (303 Points)
11 April 2015
J. K. Ratan
(Compliance Advisor)
(794 Points)
Replied 11 April 2015
Dear Sir
there is no restrictions for run business on rented premises whether owned by his relative or employee.
No section bound to do so.