tax planning
This query is : Resolved
13 September 2008
Whether a company is beneficial to form or a partnership firm under the following circumstances.
Unit is to be established in SEZ where 100% exemption is there and unit intends to distribute it`s profits to promoters/partners.
As far as my opinion is concerned,partnership firm is better becoz in company case,dividend distribution tax is applicable.
Answer this query
Unit is to be established in SEZ where 100% exemption is there and unit intends to distribute it`s profits to promoters/partners.
As far as my opinion is concerned,partnership firm is better becoz in company case,dividend distribution tax is applicable.
Answer this query
13 September 2008
I AGREE WITH YOUR FINDINGS.
13 September 2008
PARTNERSHIP FIRM WILL BE BETTER
16 September 2008
But Banks prefer companies because dissolution cannot go ahead without court interference.
If have all the capital from your internal accruals and If you think you need not go for loan then firm is tax efficeint.
If have all the capital from your internal accruals and If you think you need not go for loan then firm is tax efficeint.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- ITR 2 Short Term gain & Long term gain
- Off Market debit and credit transaction
- Itr 1 processing
- Reporting Income under Section 44ADA
- ITR validation error - Balance sheet is not filled
- ITR 1: Details for showing Exempt Income
- ITR returnFY25-26
- Short Term Capital gain on shares bought and sold after 2018 onwards
- Share accounting-->fifo - capital gain - period as per fifo?
- Form 10E u/s 89(1). Need clarification because experts opinions differ !!!!
- Registration as Authorised Representative of minor
- Article ship defecit
- Bank Accounts in Balance Sheet for ITR 3
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Difference in tax comparison report
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
