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Partnership Firm Tax Return Filing In Vadodara FAQ's
Partnership firms are liable to pay the income tax surcharge at 12% if the total income is exceeding Rs.1 crore while filing Partnership annual filing in Vadodara.
Just like the Private limited companies, LLPs, the partnership firms are also required to pay the alternative minimum tax at the rate of 18.5% while partnership annual filing in Vadodara.
For filing annual returns for a partnership firm in Vadodara ITR Form V is to be filed.
While filing Partnership annual returns in Vadodara ITR 5 is filed Online on the income tax Department and attach all the necessary documents.