A partnership is a business entity having two or more owners. Earnings are distributed according to the partnership agreement and are treated as personal income for tax purposes. Thus, like the sole proprietorship, the partnership is simply a conduit for directing income to its partners. Partnership has a unique liability situation. Each partner is jointly […]
PARTNERSHIP FIRM IN INDIA Read More »
This scheme is applicable in respective of Companies which have been registered under the Companies Act,1956 , but due to various reasons could not be operative since incorporation or commenced business but became inoperative later on. These defunct companies have an option of getting their names strike off from the Register of Companies. In
Easy Exit Scheme 2011 Read More »
A private limited company is a voluntary association of not less than two and not more than fifty members, whose liability is limited, the transfer of whose shares is limited to its members and who is not allowed to invite the general public to subscribe to its shares or debentures. Its main features are :-
PRIVATE LIMITED COMPANY IN INDIA Read More »
Comparison between Proprietorship, Partnership & Private Limited Companies
Proprietorship,Partnership & Private Limited Company Comparison Read More »
Hi , We are Posting useful articles in this Blog relating to Income-tax,Corporate Law , VAT,Service Tax,etc.., Visit our Blog regularly to have an update on the above
Welcome to our Blog Read More »
