COMPARISION

1. Partnership firm does not have DDT and tax rate for the firm would be 30% plus surcharge (if income crosses Rs. 1 crore) plus Edu cess 4%. 
2. In your case since Net profit did not exceed Rs. 1 crore so it will be 30% plus 4%. 
3. In the case of the company for the FY 2019-20, the effective tax rate was revised recently @ 25.17 %. 
4. DDT for companies u/s 115-O will be 20.56% on the dividend declared. 
Please correct me if the above solution has an alternative view. 

Which one is more beneficial in point of view of saving of tax?

Originally posted by : Kapadia Pravin
	Partnership - No DDTPartnership - tax rate 30% + 12% SC if taxable income > 1 crore + Cess 4%

Dear Praveenji,

Let me know which option is more beneficial in point of view of saving tax.