Income tax calculation process on partnership firm
Tapas Samadder (536 Points)
08 April 2023
Sir, pls inform me income tax calculation process on partnership firm
2 Replies
NARENDRA
(ACCOUNTS MANAGER)
(1994 Points)
Replied 08 April 2023
partnership firms are liable to pay 30% of total income & if total income exceeds 1 cr. surcharge 12% & education cess & higher edu. cess also liable to pay .
sabyasachi mukherjee
(27574 Points)
Replied 08 April 2023
Partnership firm.. calculate fron back side.
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