Tax to be paid in partnership firm in india

Tax queries 487 views 4 replies

i am a partner in a trading company & ny question is that  i would like to pay income tax should i pay my tax in the company name or my personal name pls advise

Replies (4)

Hey,

You should pay it in the name of the partnership firm.

 

Agree with krishna . . . . . Against PAN of ur partnership firm. . . . . .

Pay Income tax on net profit in partnership name n Pay Income Tax on Salary , Interest e.t.c.(if any) received from firm in ur personal name.

Originally posted by : CA. Manish Chandarana

Pay Income tax on net profit in partnership name n Pay Income Tax on Salary , Interest e.t.c.(if any) received from firm in ur personal name.


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