29 April 2015
If salary clause in an UNREGISTERED PARTNERSHIP DEED is changed from 'Not Allowed' to 'Allowed', does it mean that FIRM is RE-CONSTITUTED ? Also let me know, is it necessary that after such change in on of one the clauses in partnership deed, we have to apply for PAN correction/changes ? Pl. Note that except above mentioned change in salary, whole partnership deed remains un-altered... Your sage opinions eagerly awaited ..
29 April 2015
YOU HAVE TO MAKE A SUPPLEMENTARY DEED ON RS. 50/- STAMP PAPER. FIRM WILL BE CONTINUING ONE, BUT YOU HAVE TO FILE THE SUPPLEMENTARY DEED WITH I.T.DEPT. EVEN IF NOT REGISTERED.SAME PAN NO. WILL CONTINUE.SAME FIRM WILL ALSO CONTINUE.
CAclubindia
