Partnership act

This query is : Resolved 

19 March 2014 A sold a fixed asset to the partner ship firm. Half payment is received from the firm's bank account and balance from partner's individual account. Is this legally acceptable?

19 March 2014 Yes Manali partners r the agents of their firm, so the payment received is legal....


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries



CCI Pro
Meet our CAclubindia PRO Members

Follow us



Answer Query