tax benifit more in propratorship or pvt company

swapnil (Querist) 27 April 2010 This query is : Resolved
i)propratorship business vs pvt ltd company which is more tax benificatory.
ii)propratorship tax limit
iii)pvt tax

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Raj Kumar Makkad (Expert) 27 April 2010
repeated query

Vineet (Expert) 29 April 2010
On the face of it, propreitorship appears to be better in tax proposition beacuse of tax slabs. But in Pvt Ltd Co. you can pay salry and other allowances to Director (owner) and segregate tax liability. The whole issue has to be addressed depending upon facts of the case.

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