Difference


This query is : Resolved 

(Querist)
23 December 2009 Can any expert provide me Analysis of Taxation i.e. between Individual, Partnership firm, & company ?
Which one is more beneficial monetarily & otherwise.
Please provide some analysis !!!
Thanks. My ID- vipuls.gs@gmail.com

23 December 2009 Small Business & Capital : Individual
Medium Business & Capital : Partnership
Large Business : Company.

If brand is to be created for a particular product; then definitely go for Company.

If more branches are there; to make personally responsible your executives/managers; Company formation is a must.

For more; refer books or attend suitable classes.

Vipul (Querist)
23 December 2009 Thanks
But I need some numeric dat to analyse Tax savings. Where can i save more tax. Pls provide some calculations

24 December 2009 Since you are a CA Final Student; it would be better to work out your knowledge through Singhania's Book.

Different situations suggest different alternative.

If the level is too big; then only choice is to have a company.


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