alleryStart learning →Remuneration received by a partner from his firm is, for Section 15:
AExempt as a perquisite
BNot regarded as salary
CTaxed as arrears
DTreated as salary
Answer & Solution
Correct answer: B. Not regarded as salary
Explanation 2 states that a partner's salary, bonus, commission or remuneration from the firm is not salary for the section.
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