Partnership deed


This query is : Resolved 

14 April 2014 Dear Sir/Madam

Person 1,2,3,4 were partners in Firm 1 and as well as in Firm 2 having separate PAN. Does these Firm 1 & Firm 2 will be treated as one assessee in Income Tax Act

Kindly provide the advice at an earliest

Thanks in advance

15 April 2014 both firms shall be treated as separate entities...


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