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PARTNERSHIP FIRM
These 6 banking stocks have an upside potential of up to 30% in 1 year, according to analysts- HC quashes 70 acres of Hebbal land acquisition 25 years later, orders CBI probe
- Buckeye Trust ruling: How a single clause drafted without sufficient precision in trust deeds can trigger tax risk and derail estate planning
- RBI proposes one-hour delay on high-value digital transfers to curb fraudThe Reserve Bank of India is proposing new rules to fight digital payment fraud. These include delays for certain bank transfers and extra ...10 Apr, 2026, 12.30 AM IST
- CBI registers FIR in Rs 550 crore IDFC bank embezzlement caseThe CBI has taken over a major investigation into the alleged embezzlement of Rs 550 crore from Haryana government accounts. Funds were rep...09 Apr, 2026, 08.06 PM IST
- CBI all set to take over Rs 590 crore IDFC First Bank scam caseThe CBI has launched an extensive inquiry into an alarming Rs 590 crore embezzlement scheme concerning Haryana's government funds. Reports ...09 Apr, 2026, 04.49 PM IST
- Delhi High Court asks CBDT to clarify tax on partners’ bonuses, stays recoveryTax authorities nationwide are demanding taxes on partner bonuses and performance pay. Professional firms argue this income is already taxe...04 Apr, 2026, 11.06 AM IST
- ITR filing season starts: Income Tax Return forms ITR-1, ITR-2, ITR-3 and others notifiedThe government has released income tax return forms for AY 2026-27, allowing taxpayers to file by July 31, 2026. However, ITR-1 is not for ...31 Mar, 2026, 01.00 PM IST
- ICAI bats for concessional tax regime for partnership firmsThe Institute of Chartered Accountants of India has proposed a special tax regime for partnership firms in light of the 2024 Budget review ...03 Jan, 2025, 09.55 PM IST
- Money laundering rules: Definition of beneficial owners tightenedEven partners who have ownership of less than 10% of the capital or profits of the partnership but exercise control through other means lik...06 Sep, 2023, 12.06 AM IST
- CBDT issues rules for taxing partnership companies in IndiaThe Central Board of Direct Taxes (CBDT) has said that capital assets, money or stock in trade received by a partner in a partnership firm ...03 Jul, 2021, 03.44 PM IST
- Tax on partnership firms: Budget change to put real estate, infrastructure consultancy firms in a fixAfter these assets appreciated, they would bring in a new partner and old partners would exit or retire from the partnership after taking b...10 Feb, 2021, 01.57 PM IST
- Partnership structures' presumptive income could come under taxman's lensPartnership structures, which are considered effective for taxation purposes, are set to attract the tax department’s attention after the M...09 Jan, 2021, 02.14 PM IST
- Incorporation of partnership firmPartnership firms in India are governed by the Partnership Act, 1932. Section 4 of the Act defines.05 Aug, 2019, 02.55 PM IST
- What is limited liability partnership?Liability of each partner is limited to his share as mentioned in the agreement compared to regular partnership firms which have unlimited ...14 May, 2018, 06.30 AM IST
- 5 smart things to know about Section 44ADA of Income Tax ActProfessionals from the legal, medical, engineering, architectural, accountancy, tech consultancy, and interior decoration backgrounds can u...22 Jan, 2018, 06.30 AM IST
- DTAA benefits applicable to partnership firms in India, UKCBDT has said that benefits under the India-UK Double Taxation Avoidance Agreement (DTAA) would be applicable to partnership firms in the U...06 Mar, 2016, 01.15 PM IST
- Closing a business? Ensure you make a clean exitHere are some of the legal points you need to keep in mind to ensure that you make a clean exit.18 Nov, 2013, 09.10 AM IST
- Partnership firms are not eligible to treaty benefits, says AARThough the AAR ruling was in relation to the India-Switzerland tax treaty, the principle can be applied to cases involving tax treaties wit...30 Aug, 2012, 05.02 AM IST
- Partnership firms have to abide by AS11: ICAICorporates are now breathing easy with the government deferring compliance with provisioning in their balance sheets of forex losses and ga...03 Apr, 2009, 07.07 PM IST
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