Donation by ind to firm
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
01 June 2013
Can individual donate to partnership firm business rs 5000/-
What documentation is required?
What documentation is required?
02 June 2013
we can say this as gift to parnership,
And Rs.5000 is taxable in the hands of individual,
and if individual is also partner in partnership firm it can be added to captial of individual
And Rs.5000 is taxable in the hands of individual,
and if individual is also partner in partnership firm it can be added to captial of individual
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