Consequences of capital contribution as per partnership deed
This query is : Resolved
03 May 2016
Dear All,
Wanted to know what are the consequences or is there any consequences of not contributing capital as mentioned in Partnership deed. In our case out of three partners, two partners have not invested capital as mentioned in partnership deed.
Wanted to know what are the consequences or is there any consequences of not contributing capital as mentioned in Partnership deed. In our case out of three partners, two partners have not invested capital as mentioned in partnership deed.
03 May 2016
pls see partnership deed, its mention in case what happen. if not mention then capital not contributing partner have Dr. of capital then they have to give the intt. as rate mention in partner ship deep. if not mention then you can take the rate as mention the same rate given on the capital to partners.
Message likes :
1 times
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
- Itr 1 processing
- Off Market debit and credit transaction
- Reporting Income under Section 44ADA
- Showing Gift from relative in ITR for this year
- ITR 1: Details for showing Exempt Income
- ITR selection for salaries and capital gain less than L
- Short Term Capital gain on shares bought and sold after 2018 onwards
- ITR returnFY25-26
- Form 10E u/s 89(1). Need clarification because experts opinions differ !!!!
- Share accounting-->fifo - capital gain - period as per fifo?
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
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
