Partners A & B are running a registered partnership firm named ' ANT', they opened a new Bank account in the name of the firm 'ANT' , after a year Partner B decides to retire and new Partner C is inducted to run the business .

please let me know if the old Bank account needs to be closed and new Bank Account for 'ANT' to be opened due to this Partnership change? most of the Bank Managers have said the old Bank Account ot be settled and new Bank account to be opened . but i cant find this law anywhere is there any RBI guide line or Law in Partnership Act , why is this done .

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Dear Members,

Is the threshold limit for Profession Tax (Women) raised to Rs.30,000/- in Maharashtra,
Official Notification/Amendment details? Please

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Is gratuity to an employee payable if he has worked for 4 years 9 months? Or is it payable only post completion of 5 years?

Hi
I was NRI in the year F.Y. 2012-13, and before that i was resident in INDIA and had bank account in HSBC BANK as saving bank account while I was resident in India, i had purchased property in india in F.Y. 2014-15 , i had remitted amount from US to india , that in HSBC saving bank account only, and then transfer money to my dad account , and appointing him by power of attorny to purchase property and bought property in india, i sold same property in F.Y. 23-24 , and had capital loss, i want to repartiate moeny from india to US.
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documemtary proof that i have to submit to any authority??
kindly guide on this matter

Hello, me and my wife both have retired and have around 2.5cr of overall investment corpus. Since we both have retired and there is no pension available, for the period that is to come, we need to invest these 2 cr to ensure steady regular monthly income to take care of our expenses, ensure capital protection and take care of inflation. Kindly suggest

Looking for CA certificate for the purpose of Education in Foreign, certificate from CA - Source of funds certificate

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Hi,
i have deposited partial tax of a company...now i need to deposit the balance...the amount of interest on late payment will be for entire amount or for balance amoount?