Partnership Firm / LLP ITR Filing
Income tax return filing for Partnership Firms and Limited Liability Partnerships.
ITR-5 preparation with proper partner share allocation and remuneration treatment.
Overview
Partnership Firms and LLPs are taxed at a flat 30% rate (plus surcharge and cess). ITR-5 must be filed for these entities. Partner remuneration and interest on capital are deductible subject to limits under Section 40(b). Proper computation ensures tax efficiency for both the firm and individual partners.
Key Features
Key Features
