Tag Archives: #PartnershipTaxes

How LLP is different from partnership?

Partnership Firm And Limited Liability Partnership

LLP is different from partnership   LLP is different from partnership: An LLP (Limited Liability Partnership) and a general partnership have some key differences that distinguish them as distinct business structures. Here are the main differences which explain how LLP is different from partnership: 1.Liability: In a general partnership, all partners have unlimited personal liability… Read More »

TDS compliance for partnership firm?

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 »