Tag Archives: #PartnershipBusinesses

What business are partnerships?

Understanding partnerships in business Understanding partnerships in business, Partnerships can exist in various industries and sectors. Some common examples of businesses that are often structured as partnerships include: Professional Services: Partnerships are common among professionals such as lawyers, accountants, architects, doctors, engineers, consultants, and other professional service providers. Retail Stores: Partnerships can operate retail businesses such… Read More »

TDS compliance for partnership firm?

TDS Compliance for Partnership Firm   TDS Compliance for Partnership Firm, For a partnership firms, compliance with TDS (Tax Deducted at Source) provisions is important to fulfil its tax obligations. Here are some key aspects of TDS compliance for a partnership firm: TAN Registration: The partnership firm must obtain a valid Tax Deduction and Collection… Read More »