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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)
It is good to open a partnership firm
In my view go for proprietorship
Form a opc EASY formation. Two members , minimum compliance.
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