In the provision of partnership Act 1932 it is stated that maximum no of partners who can be partner in partnership firm are 10 for banking business & 20 for non banking business.Does it mean that 10 partners can start banking firm in india? If the answer is no,then what is the meaning of such provision?

I had given a shop on rent @ 1500/- p.m. from 1992 to tenant in written aggreement but registered with court. Now, My tenant is not giving me rent for the last three years. I had suit upon him. But court is asking me to produce original rent deed, which has already been lost. Now, what i do? My advocate is also asking me to bring original deed.

DEAR EXPERT,

I am working in pvt ltd company having turnover of rs 100 crores. Management wanted to appoint a Company Secretary. As I became CA in last week.

I suggested to management that there is no need to appoint CS as our company is pvt ltd co., and most of the sections are not applicable to pvt ltd company.

I selected following sections are applicable.
1] Sec. 255,256,257
2] Sec. 285 - 289
3] Sec. 220
4] Sec 166
Are there any other sections whichare applicable?? Plz guide me.

I received notice for defaults u/s 159/166/210/220 of the Act., but now I want to apply for EES. Please suggest appropriate reply that can be given in ROC relating to this notice.

Can two partner entered into two different partnership firms in which only both of them are Partners??

If YES, then can they have same name for both firms?? whether both firms required Different nature of Business or same??

If No, then can it be possible if applications for registration made in two different ROF???

Ex. A & B entered into PS Firm XYZ @ Mumbai, now they want to make new PS Firm XYZ @ Delhi

What is the difference between Liqidation & windingUp ?

IF WE ARE PAYING SALARY Rs 9000/- TO EMPLOYEE. WHETHER I HAVE TO DEDUCT PF, ESI,PTAX.PLEASE SAY THE RATE. AND SUPPOSE WE SHOW THE EMPLOYEE UNDER CONTRACTOR HEAD, IN THAT CASE WHETHER I WILL DEDUCT THE ABOVE TAX OR CONTRACTOR WILL DEDUCT. PLZ REPLY

explain please...its meaning and how much we need for a public n pvt co

there is a bldg in our area which is not a regd. chs. as 60% flats are not registered. but this bldg.as a whole collects the maintenance & pays off expenses. if at the year end bldg. is having some surplus, what is the taxability position? the bldg will be taxed as aop? if yes what documents should we submit to nsdl for pan card?

I am planning to purchase a property for building apartments. but the problem is that the land is held under a trust. my query is that can the trustee ( who wishes to) transfer such land to me.. if no then is there any other alternative because on selling the apartment registration would have to be done in the name of the owner. the trust deed provides that the land can be used for the purpose of building a school or a hospital..