Coaching centre

This query is : Resolved

Sweta (Querist)
Follow

20 August 2015 Hi,
We are 2 partners has taken a franchisee of CA coaching classes.What will be the best to register it as a partnership firm or LLP?
How will the income taxed ? Plus we will also have to pay service tax?

Nikhil Kaushik

Nikhil Kaushik (Expert)
Follow

20 August 2015 dont take LLP route...leads to higher taxation and compliance costs. service tax will apply depending upon turnover.

Sweta

Sweta (Querist)
Follow

20 August 2015 Thanks for your valuable input but what is the best possible way ? How should this be registered ?
Could you also elaborate the tax implication you mentioned.

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

Summarize this with AI

ChatGPT Perplexity Claude Google AI Grok

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

Anju Susan

Girdhar Harlalka

zafar chandwale

atul kumar soni

T E SOUNDARARAJAN

Subscribe Now

Coaching centre

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Accountant

CA Final

GST CONSULTANT

Manager- Finance and Compliance

Article Assistant

GST CONSULTANCY