REGARDING PARTNER WITHDRAWL AND ADDITION IN PARTNESHIP FIRM
This query is : Resolved
Quick Summary
Suresh S. Tejwani
(Querist)
03 September 2022
Whether there is any liability arise on withdrawal and addition of funds in partnership firm by partners ?
CA R SEETHARAMAN
(Expert)
04 September 2022
No liability in case of withdrawal and addition of funds through banking channel.
Suresh S. Tejwani
(Querist)
04 September 2022
what is liability in case of withdrawal and addition of funds through cash ?
CA R SEETHARAMAN
(Expert)
04 September 2022
269ST penalty applicable.
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