Sole properiotor or partnership

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what is the procedure if business having turnover more than 5 crores wanted to shift from sole properiotor to partnership....which is better sole properiotor or partnership..what are tax benefits
Replies (3)
In my opinion proprietorship is better.
In partnership you have to pay tax @ 30% while in proprietorship you have to pay aa per Slab rate
Thnk you rashmi gandhi
Welcome.... My pleasure....


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