Partnership deed effective date execution date and rental agreement dates are different

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This discussion clarifies the differences between the effective date, execution date, and rental agreement dates for a partnership firm. The consensus is that the effective date mentioned in the partnership deed (17th August) can be used for PAN card and other applications, even if the rental agreement and deed execution occurred later. The signing date in the 'in witness whereof' clause should reflect the actual date of execution, which must be on or after the stamp paper purchase date (28th August).

Pav

Pav (Querist)
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29 August 2024 For my partnership firm orally I agreed with my partner on 17th August 2024 and rented a virtual office on 20th so, all my premises documents are dated 20th.
My deed includes the effective date as 17th August.
I bought stamp paper on 28th and mostly execution will happen today or tomorrow.
Will this pose an issue to my GST registration or PAN and bank account as rental agreement is before execution.
Also, which date would be incorporation date, 17th or the execution date?

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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29 August 2024 No problem as effective date is 17th mentioned in the partnership agreement, for rental agreement.
It's 17th is the effective date.

Pav

Pav (Querist)
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29 August 2024 Ok sir thank you. Can I put incorporation date as 17th for PAN card and any such applications henceforth?
Or do I have to use execution date.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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29 August 2024 Yes you can put 17th for PAN card and such applications henceforth.

Pav

Pav (Querist)
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29 August 2024 Thank you so much sir, I shall do that.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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30 August 2024 You are welcome..
...

Pav

Pav (Querist)
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30 August 2024 What is the date to be written here? In witness whereof the partners have set their hands this