Question
Salary received by the Partner of a Firm is charged
under the headSolution
When a partner of a firm receives a salary, it is treated as "Business Income" for tax purposes. The partner's salary is considered part of the overall income generated by the business, and it is taxed accordingly under the category of business income.
What is the role of the Memory Address Register (MAR)? Â
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A single command that expands into multiple lines of machine code is referred to as _______________. Â
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