Income Tax for Musicians


(Querist)
16 September 2019
In which category should I register my music band to so that it falls under the lowest tax bracket. Eg. as Partnership or LLP or Society or any other category? Would appreciate if anyone can help.


CA. Brijesh Baranwal (Expert)
18 September 2019
It will depend upon actual facts and circumstances in your case. Proprietorship provides greater flexibility for small and medium level Professionals.


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