How taxation of partnership firm is done in case of share market transaction
2 Replies
sabyasachi mukherjee
(27746 Points)
Replied 26 August 2022
Basic norms for capital gains remains same. Only after arriving at total taxable profit one has to determine the partnership profit and tax payable on the same as per Income Tax Act 1961
CA Rashmi Gandhi
(Chartered Accountant)
(86469 Points)
Replied 01 September 2022
Trading made on partnership firm account
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