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If a firm has paid super-tax, its partners may follow any one of the following behaviours?

A. No need to pay income even if the income exceed taxable limit

B. Pay the tax even if the income does not exceed taxable limits

C. Pay income tax as required by the law.

Accounting Auditing Cost Accounting Financial Reporting Finance
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Question added by Wasim khan wazir , Finance Specialist , Mott Macdonald
Date Posted: 2015/08/03
Upvote (0) Views (4) Followers (2) Answers (2) Report Question
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Shahbaz Hayder
by Shahbaz Hayder , Group Head of Finance , Sharif Group of Companies

Option C is the right answer.

P A Cariappa Appaiah
by P A Cariappa Appaiah , back office executive , Inspire Hond

Option " C", is the right answer, pay according to " Income tax" , " Rule".

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