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BENIFITS TO PARTNERS

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(Querist)
08 August 2007 SIR/MADAM
I WANT TO KNOW
IF THE PARTNERSHIP FIRM GIVES THE TAX LIABILITY OF PARTNERS AS BENEFITS THEN WHETHER THE PARTNERS WILL BE BENEFITED WHILE CALCULATING TAX OF PARTNERS
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Shashi Mohan Jha

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Shashi Mohan Jha (Expert)
09 August 2007 it is an "income" in the hands of partners...
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Jitender

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Jitender (Expert)
23 August 2007 no they will not be benefited
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