CAPITAL CONTRIBUTION BY PARTNER IN CASH

This query is : Resolved 

02 February 2026 IF PARTNER CONTRIBUTES CASH MORE THAN 2,00,000/- THEN ANY LIABILITY UNDER ANY SECTION OR SECTION 269ST

03 February 2026 A partner can contribute more than ₹2,00,000 in cash as capital to a firm without violating Section 269ST, provided it is a genuine capital contribution.
❌ No penalty under Section 271DA applies in such a case.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries



CCI Pro
Meet our CAclubindia PRO Members

Follow us



Answer Query