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If A Firm Has Paid Super-Tax, Its Partners May Follow Any One Of The Following Behaviours?


Question: If A Firm Has Paid Super-Tax, Its Partners May Follow Any One Of The Following Behaviours?
a. No need to pay income tax, even if the income exceeds the taxable limit.
b. Pay income tax, even if the income does not exceed the taxable income.
c. Pay income tax as required under the law.

Show Answer

Pay income tax as required under the law.

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