Under the Income-tax act, a partnership firm is defined as persons who have entered into a partnership with one another are called individually “Partner” and collectively a “Firm Name”
Partnership Firms is liable to pay income tax at the rate of 30% of the total Income. Partnership Firms is required to file an income tax return in form ITR5 like all other income tax forms.
Partnership Firms is required to file an income tax return in form ITR- 5. Like all income tax forms. ITR-5 is an attachment less form and there is no requirement for submitting any documents or statements along with a partnership firm tax return.
Partnership Firms accounts audit required for following
all inclusive fees
all inclusive fees
all inclusive fees
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