Can god becomes partner in a partnership firm?
This query is : Resolved
Milan Agrawal
(Querist)
18 January 2013
Dear All,
Here's something interesting:
One of my client wants to make a partnership firm having 3 partners:
1. My client himself
2. His Brother and,
3. GOD (yes GOD, the almighty, BHAGWAN)
Is it practically possible?
On a serious note, I have seen ledger accounts in the name of GOD in various marwari firms(as a part of spiritual emotions). But, is there any such provision in any act or law to include GOD as a partner(ofcourse dummy).
Over to all the experts.
Regards,
CA Milan Agrawal
Here's something interesting:
One of my client wants to make a partnership firm having 3 partners:
1. My client himself
2. His Brother and,
3. GOD (yes GOD, the almighty, BHAGWAN)
Is it practically possible?
On a serious note, I have seen ledger accounts in the name of GOD in various marwari firms(as a part of spiritual emotions). But, is there any such provision in any act or law to include GOD as a partner(ofcourse dummy).
Over to all the experts.
Regards,
CA Milan Agrawal
19 January 2013
Hey
Partner can be defined as "A person who takes part in an undertaking with another or others, esp. in a business or company with shared risks and profits."
Since God is not a person hence God can not be included as partner under any present law in india.
Thanks!!
Partner can be defined as "A person who takes part in an undertaking with another or others, esp. in a business or company with shared risks and profits."
Since God is not a person hence God can not be included as partner under any present law in india.
Thanks!!
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Tax on Amount transferred in HUF Account
- Nursery business
- GST REFUND ISSUE ON PURCHASE OF PLANT AND MACHINERY
- TDS on Dashcam rent and allied services
- Working on Gold wastage during Melting of old gold jewellery
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- ETDS return q4 25-26
- Section 269ST applicability for capital introduced by partner to his partnership firm
- Intimation under section 245
- GST input credit on commercial property
- GSTR-9C filing
- Royalty payments to the Mining Department for procurement of murum - GST input
- HOW TO ADJUST CREDIT NOTE AMOUNT ?
- Import Order Cancelled.
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
