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Donation by ind to firm

This query is : Resolved 

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Querist : Anonymous

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Querist : Anonymous (Querist)
01 June 2013 Can individual donate to partnership firm business rs 5000/-
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


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