Payment made by a firm to its partner in the form of salary -whether tds applicable

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  1. Reshma p.r

    Reshma p.r New Member

    Dear Sir,
    I know that Payment made by a firm to its partner in the form of salary is considered under the head of pgbp. but I want to know that whether there is any specific section which mentions on such payments tds is not applicable?
     
  2. king999maker

    king999maker Active Member

    there is no specific section, but if the TDS was deducted then u can mention it when u file income tax returns
     
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