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# partnershipdeed

1 posts in `partnershipdeed` tag

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Income tax

The Latest on Partner Remuneration: FY 2025-26 Tax Changes Explained

The FY 2025-26 brings crucial changes for partnership firms & LLPs regarding partner remuneration. This blog decodes the new, increased deduction limits under Section 40(b) and the mandatory TDS introduction via Section 194T on payments to partners. It covers who's a working partner, the role of the partnership deed, and essential compliance steps for firms.