Income Tax Planning

Dear Amit,

You are very much right in saying, there are no benefit from converting partnership or proprietorship concern to Pvt. Ltd. company on a first sense.... but if the assessee is in specific business, various exemption given under Sec. 80I are available only to corporate assesee and not individual so it depends in which kind of business assesse is- further in case of Export business the status of Export Entity is depend on its legal sturcture.. My self Bhavik Davda - Mumbai University Topper in Export Subject Year 2007 and practicing tax consultant.. there are various things to help in your query if added with the nature of business..drop me the same at bhavikdavda @ in.com or call me on 022-6526 6529

Regards

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