Remuneration to partner
This query is : Resolved
17 August 2013
If a partner of partnership firm is a Private limited company,can partnership firm provide remuneration to private limited and how it is accounted in private limited. Whether it is accounted and assessed in director of pvt. ltd. or pvt ltd itself??
19 August 2013
Firm can not pay remuneration to company/firm
19 August 2013
As the company/firms are not natural persons they are just a legal person created by the fiction of law.
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