Menu
can sec 8 co. be a partner in partnership firm?
can sec.8 co. be a partner in partnership firm?
Replies (1)
If a partnership firm is carrying on non profit business then a section 8 company can be partner.
But as per the provisions of Indian Partnership Act 1932 a partnership firm must be carried on for profit purposes.
So a section 8 company cannot become partner in partnership firm.
Other views invited.
You may further call at 8802594133 for more discussion.
But as per the provisions of Indian Partnership Act 1932 a partnership firm must be carried on for profit purposes.
So a section 8 company cannot become partner in partnership firm.
Other views invited.
You may further call at 8802594133 for more discussion.
Recent Topics :
- Confusion in gst registration for service category
- Itc claimed from return defaulters
- Gst input credit
- CAN PARTNERSHIP FIRM SIGN SERVICE AGGREMENT WITH A
- E-waybill
- Sell of CAFC books
- ITC ON RENT
- GSTR-9 Table 8A Portal and Excel Issues
- IGST on Commercial Rental Income (Different State)
- Revocation of suo moto cancelled GST registration
Related Topics :
CAclubindia
