Easy Office
LCI Learning

Profit From Partnership firm

This query is : Resolved 
Profile Image

Profile Image

(Querist)
14 September 2010 Whether profit from Partnership firm is expemt in the hands of the partner since the firm pay tax on it and if it is expemt than we would consider it in cal of MAT or not
Profile Image

srikanth

Profile Image

srikanth (Expert)
14 September 2010 Hi

MAT is applicable only for corporate assesses
Profile Image

mohinder kansal

Profile Image

mohinder kansal (Expert)
14 September 2010 share of profit from partnership firm is exempt in the hands of the parnters u/s 10(2A). MAT is not applicable in case of firm
Upgrade to CAclubindia Pro. Subscribe Now!


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro

Trending Online Classes

view all classess
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
Click here for more bestsellers


Answer Query



Quick Links