Menu
TAX PLANNING AFTER THE DEATH OF FATHER
One of my assessee died recently. He has two sons who were actually looking the jewellery business (proprietary ). Now, from the view of Income tax planning whether it will be good to become elder son as proprietor or to form a partnership of both the sons?
Replies (3)
Quick Summary
It is good to open a partnership firm
In my view go for proprietorship
Form a opc EASY formation. Two members , minimum compliance.
Recent Topics :
- Practical queries on buy back of shares
- Any faculty recommendations for latest batch recor
- FAI & FAST-DS 2026 query
- Is GST registration mandatory in this case
- Buying a residential flat in Goa: should my wife b
- Income tax filling
- Applicability of RCM in the case of import of serv
- Confusion in gst registration for service category
- Itc claimed from return defaulters
- Gst input credit
Related Topics :
CAclubindia
