Capital Introduced and withdrawal

Q. Incase of the partnership firm the partner can introduced the Capital or current account in cash exceeding of RS. 20000/- or they can also withdrawal  exceeding  of Rs.20000/- it will be  valied transaction or in that case whether the section 269 SSor 269T will be applicable or not please advice me .       

Replies (1)

Hello Gopal,

A partner can introduced and withdrawn capital in cash greater than 20000/- RS.

,
 

 

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