Comparison -Income Tax for Proprietroship and Partnership
Last updated at April 16, 2024 by Teachoo
Chapter 7 Business Income-Patnership
How Many Pan Card and ITR in case fo Partnership
Comparison -Income Tax for Proprietroship and Partnership You are here
Section 44AD in Case of Proprietorship and Partnership
Section 44ADA in Case of Proprietorship and Partnership
Section 44AE in Case of Proprietorship and Partnership
Can a Proprietorship claim Proprietor Salary
Can a Partnership pay Partner Salary
Max Salary/Remuneration in case of Partnership
Can Interest on Capital be paid in case of Proprietorship/Partnership
ITR Forms of Partnership and Partners
Courses
Free Income Tax Certification Course
- Chapter 1 Introduction
- Chapter 2 Different Heads of Income
- Chapter 3 Different ITR Forms & Due Dates
- Chapter 4 Income Tax Rates
- Chapter 5 Income from Salary & Deductions
- Chapter 6 Business Income-Proprietorship
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Chapter 7 Business Income-Patnership
- Chapter 8 Income from House Property
- Chapter 9 Income from Capital Gain
- Chapter 10 Employee on Contract
Transcript
Comparison - Proprietorship Vs Partnership Proprietorship Only 1 Pan Card for Firm and ProprietorNormal Slab Rate Applicable Rebate of 12500 if Income between 250000-500000 Cess 4% Cess 4% Section 80C,80D,80G,80TTA Benefit Partnership Partnership Partnership Separate Pan Card for Firm and partners 30% Tax Slab Rate Applicable Tax to be paid Even if Income upto 250000 Suppose Income =100000 Tax =30000 No Rebate for Partnership Cess 4% No 80C,80D,80TTA (But 80G Applicable)
