I want to know what if partnership firm is not register under registrar of firm?
Ashim kr Ray (social service) (1686 Points)
05 March 2016Ashim kr Ray (social service) (1686 Points)
05 March 2016
venkatesh
(tax consultant)
(66 Points)
Replied 05 March 2016
Dear mr.ashim kr ray,
what types of firm and u do need registration details.
Ashim kr Ray
(social service)
(1686 Points)
Replied 05 March 2016
Its a Partnership firm only partenership deed hasbeen alone with notaray attached, but has not got register under registrar o firm.
Is there any problem.
vipin patole
(Self Employed)
(72 Points)
Replied 05 March 2016
Mr. Ashim
If you don't register partneship firm under the partnership act, then you will not have any right to sue for any matter regarding to the business however other person can sue you.
This is the major loss if you don't register.
Ashim kr Ray
(social service)
(1686 Points)
Replied 05 March 2016
ok thank you very much you mean to say that if the partnership firm is not register under Partnership Act i donnot have the right to sue.Apart from this i donot have any other problem i.e i can file of income tax return.
vipin patole
(Self Employed)
(72 Points)
Replied 05 March 2016
Yes sir you can file income tax return of partnership firm.