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    <description>Firms paying sums characterized as salary, remuneration, commission, bonus or interest to partners must deduct income-tax at source at the prescribed rate at the time such sums are credited to the partner&#039;s account (including capital account) or at payment, whichever is earlier; no deduction is required where the sum or aggregate of such sums to the partner in a financial year does not exceed the specified monetary threshold.</description>
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