Can compnay draw salary from a partnership firm?

This query is : Resolved 

24 April 2012 pls explain
can a company draw salary from a partnership firm?

24 April 2012 Hi

Company is not a natural person so it can not draw remuneration. However, it can receive profit as per their ratio given in partnership deed.



Regards

28 April 2012 THAKS SIR..


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