partnership of pvt.co
This query is : Resolved
amit sharma
(Querist)
28 August 2010
can a private ltd company do partnership under partnership act
how he will get remenuration
roc concequencies
IT concequencies
amit
how he will get remenuration
roc concequencies
IT concequencies
amit
Vimal Saini
(Expert)
28 August 2010
A company is an artificial person... It has a seperate legal entity.. Also it can enter into contract.. So a company can enter into partnership but the articles of the company should permit the company to do the same....
And if Company is acting as a working partner , Remuneration is allowed.
and if Directors of the company is authorised to act as partner on behalf of the company, he will have to make decalaration
And if Company is acting as a working partner , Remuneration is allowed.
and if Directors of the company is authorised to act as partner on behalf of the company, he will have to make decalaration
amit sharma
(Querist)
31 August 2010
thank u vimal but just clear above points with IT section and who has to make decleration and remenuration is a part of income of director or a company
Kindly support your answer with IT section
Kindly support your answer with IT section
Dhirajlal Rambhia
(Expert)
02 August 2023
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