Illegal association
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
17 September 2011
hiiiiiiiii
no company ,association ,or partnership consisting of more than 20 members can be formed for the purpose of carrying on any business for gain unless it is registered as a company under The companies act or is formed in pursuance of some other indian law
why in the above company is used??????(in line 1)
no company ,association ,or partnership consisting of more than 20 members can be formed for the purpose of carrying on any business for gain unless it is registered as a company under The companies act or is formed in pursuance of some other indian law
why in the above company is used??????(in line 1)
18 September 2011
Because in the partnership not more than 20 partners can be taken and therefore the only left out mode of formation is company.
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 Deemed Capital Gain
- Exiting partner in partnership firm in gst portal
- Type of Capital Gain
- F & O PROFIT REPORTING FOR AY 2026-27
- Regarding ITR filing with more value than showing in AIS/TIS
- ASMT-10 received from A O
- ITR-3 File/Error Found
- Difff in ais receipts and gst turnover
- ITR-Capital Gain
- Rental income of jointly held property
- Loss of interest in PF transfer from EPFO to Trust
- Seeking Advice: High Tax Shortfall on Job Switch + Let-Out House Property Loss in FY 2025-26
- TDS offline utility
- TDS on rent received on hardship compensation being rent on redevelopment of building
- Housing Society-ITR5
- TDS on Rent received on redevelopment of building
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- Upload Level ValidationITR3Category of Defect B/D
- PF Taxable Income
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
