Is it mandatory to deduct TDS on remuneration to partners by a firm falling under tax audit?

Is it mandatory to deduct TDS on remuneration to partners by a firm falling under tax audit?

No tax needs to be deducted at source

1.Section 15 specifically says salary bonus commision remuneration to a partner shall not be treated as salary but as “Income from business or profession “

2.Section 192 - Employer is liable to deduct at source only if income is taxable under head salaries

Thus by combined reading of both sections ,there is no need to deduct tax at source from salary paid to partners


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