Partnership Firm Taxation In India – भागीदारी फर्म आयकर गणना उदाहरण
Table of Contents
Partnership Firm Taxation In India
partnership firm income tax calculation example
1. Tax Rates: @30% + Surcharge @12% [If NTI > Rs 1Cr.] +H.E.C. @4%
2. Loss of Firm C/f by firm only
3. Share of P/S [Profit] in income of firm: Exempt in hand of P/S
4. Interest, Remuneration allowed to P/S as per sec 40(b): allowed portion taxable in hand of P/S under head PGBP
How are partnership firms taxed in India?
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Section 40(b) : Interest / Remuneration / Commission / Bonus to Partners : |
| Payment of Interest / Bonus / | Remuneration allowed on Book profit |
| 1. Remuneration to working P/S only.2. It should be authorised by deed.
3. Not be retrospective 4. Interest on P/S Capital and loan max. 12% p.a. simple interest
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On first Rs 3,00,000 of B.P
or 90% of B.P. or Rs 1,50,000 (Whichever is higher) For Balance 60% of Book Profit
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Book Profit: PGBP before Remuneration after C.Y. and B/F depreciation
Explanation to section 40(b): section 40(b) not applicable [applicable on interest not on remuneration
पार्टनरशिप फर्ममध्ये पार्टनर पगार घेऊ शकतो का?
मागील वर्षातील सर्व भागीदारांना जास्तीत जास्त पगार, बोनस, कमिशन किंवा इतर मोबदला खालील मर्यादेपेक्षा जास्त नसावा: पहिल्या 3 लाख पुस्तकाच्या नफ्यावर किंवा तोटा झाल्यास – ₹ 1, 50,000 किंवा पुस्तकाच्या 90% नफा (जे जास्त असेल ते). शिल्लक पुस्तकाच्या नफ्यावर पुस्तकाच्या नफ्याच्या 60%