Partnership Firm Taxation in India: Key Insights and Tax Benefits Explained

Partnership Firm Registration

In India, Partnership Firms are taxed under the Income Tax Act, 1961 as a separate entity. The taxation of partnership firms is subject to specific provisions as provided by Income Tax Act, and here’s an overview of its working: 1. Applicable Tax Rate for Partnership Firms The tax rate for partnership firms (including Limited Liability… Continue reading Partnership Firm Taxation in India: Key Insights and Tax Benefits Explained

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We have launched a range of Chartered Accountants Services for families along with a complete income tax filing product suite covering ITR-1 to ITR-7. With the launch of our families division, we aim to help millions of Indians with financial literacy, compliance and investment.

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