Query

visha lranjan (Querist) 20 December 2013 This query is : Resolved
what is the tax implication for registered partnership firm? is it any different from an unregistered firm?

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T. Kalaiselvan, Advocate (Expert) 21 December 2013
please consult your auditor in this regard.

malipeddi jaggarao (Expert) 21 December 2013
NO difference.

Rajendra K Goyal (Expert) 21 December 2013
Academic query.

Shailesh Kr. Shah (Expert) 21 December 2013
for the purpose of tax implication; no difference.

However, a unregistered partnership firm can not sue any one as per section 69 of the Indian Partnership Act, 1932.