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of <h1>Amendment to Section 28 Income-tax Act Removes Tax on Partner's Income from Firm After 1989</h1> Section 28 of the Income-tax Act, 1961, was amended by the Direct Tax Laws (Amendment) Act, 1987, with specific changes including the omission of Explanation 1. Previously, an inserted clause recognized income such as interest, salary, bonus, commission, or remuneration received by a partner from a firm as taxable. This clause and the related explanation were later omitted by a subsequent amendment effective from April 1, 1989. The amendment thus altered the scope of taxable income under section 28, particularly concerning amounts received by partners from their firms.
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