Partnership deed
This query is : Resolved
30 March 2010
hi,
we are planning to open a partnership firm. Initially we will start it with some tools trading. In the partnership deed, we need to mention the nature of business for e.g.
The partnership will carry on the business of …………………………….. and such any other business or profession as mutually agreed by all the partners.
Now, to pursue many other business in future, should i write annexure attached and at the end of the deed we will attach one annexure implicating every possible name of goods, products & kind
or
simply 'trading services' or simply trading of tools will be right.
Please guide us with the right thing to do so that we will face minimal difficulty in near future.
we are planning to open a partnership firm. Initially we will start it with some tools trading. In the partnership deed, we need to mention the nature of business for e.g.
The partnership will carry on the business of …………………………….. and such any other business or profession as mutually agreed by all the partners.
Now, to pursue many other business in future, should i write annexure attached and at the end of the deed we will attach one annexure implicating every possible name of goods, products & kind
or
simply 'trading services' or simply trading of tools will be right.
Please guide us with the right thing to do so that we will face minimal difficulty in near future.
30 March 2010
You need not specify the goods, products or kinds. You may simply mention trading in all kinds of goods.
30 March 2010
agree with expert
02 April 2010
agreed
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
- Difference between Date of Payment and Date of Deduction?
- Tax Audit Applicability – Newly Formed Partnership Firm with Profit Below 6%/8%
- TDS CREDIT MISMATCHING
- Buy back of shares u/s69
- IS AUDIT MANDATORY IF COMMISSION INCOME IS MORE THAN 50 LAKH
- Journal entry of busniess expenses
- GST Rate for Catering Services
- ADDITION OF CHALLAN IN TDS RETURN FORM 140
- Cash balance limit and property purchases limit
- Can we choose not to report losses in ITR3 if they cannot be carried forward?
- FCRA 6 E- Intimation
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
- Tax Demand of ₹4,650 for AY 2026-27
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
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
