Please Help: AOP
Posted Date : 03-Mar-2014 , 07:12:48 pm | Posted By: Kapil Singhal
Category :
Accounts | Answers :
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Please provide the liability status of an AOP as in case of partnership liability of partners is unlimited. |
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| Posted By : CA Rajnish |
06-Mar-2014, 06:16:41 |
| If share of partners of AOP is undeterminate then Income of AOP shall be taxed at maximum marginal tax rate i.e. 30.90% |
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