Remuneration received by partners
This query is : Resolved
JAISON JACOB . K
(Querist)
30 November 2009
Can two companies join together to form a partnership?
If yes, and the partnership is carrying on the business of growing rubber, As per Rule 7A is the remuneration (not the profit) received by the companies is exepmt upto 60%?
Thanks in advacne
If yes, and the partnership is carrying on the business of growing rubber, As per Rule 7A is the remuneration (not the profit) received by the companies is exepmt upto 60%?
Thanks in advacne
HUZAIFA HUSSAIN
(Expert)
30 November 2009
TWO COMPANIES CAN DO JOINT VENTURE BUT NOT PARTNERSHIP
Dhirajlal Rambhia
(Expert)
09 August 2023
Agreed with expert.
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