Formation, Management, and Taxation of Partnership Firms and Partners (Soft Copy) is a Practice book on Income Tax on Conferenza, priced at ₹480 (20% off MRP ₹600). Published by Commercial Law Publishers. Order online with fast delivery across India.
- Price
- ₹480 · 20% off
- Course
- Practice
- Subject
- Income Tax
Formation, Management, and Taxation of Partnership Firms and Partners (Soft Copy)
Commercial Law Publishers
Book Specifications
- Course
- Practice
- Subject
- Income Tax
- Publisher
- Commercial Law Publishers
About this book
A combined treatment of partnership law under the Partnership Act, 1932 and the taxation of firms and partners under the Income-tax Act, 1961. This 2nd Edition 2023 covers formation, day-to-day functioning, dissolution and the tax consequences at both the firm and partner level.
At a glance
| Edition | 2nd Edition, 2023 |
| Governing laws | Partnership Act, 1932 and Income-tax Act, 1961 |
| Publisher | Commercial Law Publishers (India) Pvt. Ltd. |
What's inside
- Meaning, nature and kinds of partnership firms; formation, partnership deeds and registration
- Rights, duties and liabilities of partners, and the admission, retirement, expulsion or insolvency of a partner
- Dissolution of firms and settlement of accounts
- Assessment of partnership firms under the Income-tax Act and computation of the firm's taxable income
- Tax treatment of partners' remuneration, interest and share of profit, and how income is allocated and taxed in partners' hands
- Compliance requirements, return filing and procedural aspects, with the statutory provisions as enacted plus explanations
Who should buy this
- Chartered accountants and tax consultants advising partnership firms
- Advocates drafting partnership deeds and handling dissolutions
- Students who need partnership law and firm taxation covered together
Publisher's description
This edition of Formation, Management & Taxation of Partnership Firms & Partners, 2nd Edition 2023, provides a comprehensive and practical exposition of the legal and tax framework governing partnership firms and partners in India, strictly in accordance with the Partnership Act, 1932 and the Income-tax Act, 1961. Designed as an authoritative reference, the book systematically explains the formation, functioning, rights and obligations, and dissolution of partnership firms, along with the detailed taxation aspects applicable to firms and partners under the prevailing income-tax law.
The content is structured to offer clear understanding of both legal and fiscal dimensions, making it suitable for academic study as well as professional use. It covers the statutory provisions as enacted, supported by relevant explanations to aid clarity and application in real-world scenarios. The book encompasses the full scope of partnership law and taxation, including:
• Meaning, nature, and kinds of partnership firms
• Formation of partnership, partnership deeds, and registration
• Rights, duties, and liabilities of partners
• Admission, retirement, expulsion, and insolvency of partners
• Dissolution of firms and settlement of accounts
• Assessment of partnership firms under the Income-tax Act, 1961
• Computation of taxable income of firms
• Tax treatment of partners’ remuneration, interest, and share of profit
• Allocation and taxation of income in the hands of partners
• Compliance requirements, filing of returns, and procedural aspects
This edition is particularly useful for:
• Law and commerce students studying partnership law and taxation
• Chartered accountancy, cost accountancy, and company secretary aspirants
• Practising chartered accountants and tax consultants
• Legal professionals dealing with partnership and taxation matters
• Business owners and professionals seeking clarity on partnership taxation
Whether used for examination preparation, professional reference, or practical application, this updated 2nd Edition (2023) serves as a reliable guide to the formation, management, and taxation of partnership firms and partners under Indian law.
Frequently asked questions
What is Formation, Management, and Taxation of Partnership Firms and Partners (Soft Copy)?+
A combined treatment of partnership law under the Partnership Act, 1932 and the taxation of firms and partners under the Income-tax Act, 1961. This 2nd Edition 2023 covers formation, day-to-day functioning, dissolution and the tax consequences at both the firm and partner level.
How much does Formation, Management, and Taxation of Partnership Firms and Partners (Soft Copy) cost?+
Formation, Management, and Taxation of Partnership Firms and Partners (Soft Copy) is available for ₹480 (MRP ₹600) on Conferenza, with fast delivery.
Which exam is Formation, Management, and Taxation of Partnership Firms and Partners (Soft Copy) for?+
Practice — Income Tax.
Is Formation, Management, and Taxation of Partnership Firms and Partners (Soft Copy) good for self-study of Income Tax?+
Formation, Management, and Taxation of Partnership Firms and Partners (Soft Copy) is a Income Tax book for Practice, suitable for self-study and revision. Pair it with practice and past papers for complete exam preparation.
Which is the best book for Income Tax?+
There's no single "best" book for Income Tax — the right choice depends on the syllabus coverage you need, the author's approach, the edition and your budget. Formation, Management, and Taxation of Partnership Firms and Partners (Soft Copy) is one Practice option; compare it with other Income Tax books on Conferenza by edition, coverage and price to pick what suits your preparation.
Is Formation, Management, and Taxation of Partnership Firms and Partners (Soft Copy) available as a free PDF download?+
Formation, Management, and Taxation of Partnership Firms and Partners (Soft Copy) is a paid book on Conferenza, delivered fast across India. For free PDFs — study material, RTPs, MTPs and suggested answers — visit https://conferenza.in/downloads.