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    <title>Tax deduction at Source on payments to Partners - Section 393(3) (New) / Section 194T (Old)</title>
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    <description>Tax deduction at source applies to firms and limited liability partnerships paying or crediting partner salary, remuneration, commission, bonus or interest, including capital-account credits. Deduction is at 10 per cent when aggregate payments or credits during the relevant financial year exceed Rs.20,000, and applies to the entire amount. Under section 194T, deduction is made at the earlier of credit or payment.</description>
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      <title>Tax deduction at Source on payments to Partners - Section 393(3) (New) / Section 194T (Old)</title>
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      <description>Tax deduction at source applies to firms and limited liability partnerships paying or crediting partner salary, remuneration, commission, bonus or interest, including capital-account credits. Deduction is at 10 per cent when aggregate payments or credits during the relevant financial year exceed Rs.20,000, and applies to the entire amount. Under section 194T, deduction is made at the earlier of credit or payment.</description>
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