Partnership
This query is : Resolved
Yogeesha P
(Querist)
20 August 2014
Dear sir/madam, Can capitalize the assets purchased before the commencement of partnership deed which were in the name of partners.
CA UMESH DULAL
(Expert)
20 August 2014
you can transfer the assets in the name of partnership and fair value of such assets can be taken as capital contribution of partners.
CA UMESH DULAL
(Expert)
20 August 2014
you can transfer the assets in the name of partnership and fair value of such assets can be taken as capital contribution of partners.
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Rupesh Jain
(Expert)
21 August 2014
YES partner assest tfr to partner ship firm and take the assets amount as capital of partners.
Rupesh Jain
(Expert)
21 August 2014
YES partner assest tfr to partner ship firm and take the assets amount as capital of partners.
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