TDS - Partner Salary

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....DS - Partner Salary<br> Query (Issue) Started By: - Ethirajan Parthasarathy Dated:- 18-3-2025 Last Reply Date:- 23-3-2025 Income Tax<br>Got 1 Reply<br>Income Tax<br>Section 194T of Income Tax mandates....

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.... for TDS @ 10% on Salary etc. paid to a partner. As per sec.28(v), salary paid to partner is taxed under business head only to the extent of what is allowed as deduction in the hands of partnership f....

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....irm. In one practical case, salary paid to partner is 6 lakh while nothing is allowable in the hands of firm since their only source of income is rental income and there is no business income. If TD....

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....S is done, both partner and firm will be paying tax on the same amount. Request experts to give their views how to go about in the given circumstances Reply By SACHIN GARG: The Reply: So In this ca....

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....se, you are not paying any salary to partner, instead you are paying a profit share, so 194T is not applicable.<br> Discussion Forum - Knowledge Sharing ....