Property name of partner and payment partner ship firm
This query is : Open
04 February 2022
Sir,
A partner ship firm purchase of property registered name in partner and property value payment through on partner ship firm.
Question:
1.Above transaction treatment firm and partner account (both persons) show in books in it act
2.capital gains applicable.
A partner ship firm purchase of property registered name in partner and property value payment through on partner ship firm.
Question:
1.Above transaction treatment firm and partner account (both persons) show in books in it act
2.capital gains applicable.
04 February 2022
1 Show it in books of accounts of firm as property can't be purchased in the name of the firm.
2 Capital gains applicable to the firm when the asset is given to the partner.
2 Capital gains applicable to the firm when the asset is given to the partner.
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06 February 2022
sir, thanks reply any another question (post not found) message show all questions not accept.
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