CAL. OF TAX OF PARTNERSHIP FIRMS
This query is : Resolved
20 June 2010
HELLO EVERYONE
ONE OF OUR CLIENT(PARTNERSHIP FIRM) PROVIDES THE FOLLOWING DETAILS.
NET PROFTIT 80000
+ REMUNERATIO/
SALARY ETC.
DR. TO P/L NIL
CALCULATE THE TAX PAYBLE FOR A.Y. 2010-2011.
ONE OF OUR CLIENT(PARTNERSHIP FIRM) PROVIDES THE FOLLOWING DETAILS.
NET PROFTIT 80000
+ REMUNERATIO/
SALARY ETC.
DR. TO P/L NIL
CALCULATE THE TAX PAYBLE FOR A.Y. 2010-2011.
21 June 2010
If no salary to partner then tax on Rs. 80,000/- @ 30.9%
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