Partnership deed is executed on stamp paper of Rs. 50. But as per clause 47 of The Maharashtra Stamp Act 1958, the stamp duty comes to RS. 5000. So whether the partnership deed executed is valid? And if not then what are the consequences of lower stamp duty and what action should be taken to correct it?

The partnership deed is valid for 12 years from 2012 -2024. Loan is given to partnership firm for which the repayment was fixed for 9 years. Now the repayment schedule is revised and it is projected to be repaid till 2026. So in this regard whether necessary amendment or supplementary deed should be executed?

Is it possible to fix profit sharing ratio on fluctuating basis in parternship deed?.. Correct me, if wrong partnership act provides for fixed PSR only..Kindly advise

Dear Experts, What is the difference between retirement and superannuation?

Can anybody give me object clause of Pediatric Hospital/child care

S it necessary to mention tin no on an invoice of a restaurant?
And what can I do incase it is not mentioned.

Gross Salary with all the allowances with naming Ex-gratia (regualr monthly payment) is Rs.22000/- and its bifurcated as Basic Salary is Rs.8000/-, Ex-gratia Rs.8000/- and other allowances. So, PF to be deducted or not? if yes, on which amount? i.e. 22000/- or 12000/- or minimum wages amount? Also, on ex-gratia PF is applicable or not when it is paid on regualr monthly payment?

Hello everyone,

M/S AB is a firm. Mr Z has good contacts and he can get business to the firm. But he don't want commission on transaction wise he want a specified % of net profit without being a partner.

Firm is planning to enter into MOU for the Same.

Is firm steps correct ????

A Group of 8 friends wants to save money and decide to set apart a portion of their income every month.

any one in need of funds can also take a loan from this consolidated savings.

Query:-
How to create a bank account for this fund (that is the monthly savings amount)
what would be the procedure

Dear all
I have a query relating to change of designation of director from non-executive to executive director.Whether there is need for board meeting or general meeting and what is the procedure for such change of designation of director , forms to be filed with ROC ? and what are attachments for forms ?dear members give some guidelines to solve this.