Sir, can we have any wordings from ACT, stating that drawing of salary is not necessary to be a working partner.
As all are taking implied meaning that working partner in explanation 2(iii) of Section 139 means partner drawing salary from firm, what if firm has loss?
Sir, can we have any wordings from ACT, stating that drawing of salary is not necessary to be a working partner.
As all are taking implied meaning that working partner in explanation 2(iii) of Section 139 means partner drawing salary from firm, what if firm has loss?
CAclubindia
