https://www.taxtmi.com/acts?id=48770 Clause 326 provides that if a partnership firm fails to comply with the prescribed rules for partner payments, the firm may not deduct payments to partners described as interest, salary, bonus, commission or remuneration in computing business income, and those payments shall not be chargeable to tax in the hands of the partners. en-us Fri, 14 Feb 2025 11:46:20 +0530 Fri, 14 Feb 2025 11:46:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=48770 Clause 326 provides that if a partnership firm fails to comply with the prescribed rules for partner payments, the firm may not deduct payments to partners described as interest, salary, bonus, commission or remuneration in computing business income, and those payments shall not be chargeable to tax in the hands of the partners. Act-Rules Bills Fri, 14 Feb 2025 11:46:20 +0530 https://www.taxtmi.com/acts?id=48770