Legal Articles Taxation Of Partnership Firms In India November 20, 2012 by Junaid Ahmed | Leave a Comment Section 4 of the Partnership Act, 1932 reads “Partnership” is the relationship between persons who have agreed to share the profits of a business carried on by all or any of them acting for all. Persons, who have entered into partnership with one another are called individually “Partners” and collectively “a firm”, and the […] Read more » Income Tax Act Partnership Act Taxation Of Partnership Firms TAXATION OF PARTNERSHIP FIRMS IN INDIA