Can a husband and wife form business partnership firm if both of them have done MBA from premium Bschools and are bringing their own earned capital into business. Would clubbing of income be applicable?
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Husband Wife partnership firm
Replies (4)
Yes it's possible
They can form partnership firm. Clubbing provisions would not apply.
No question of clubbing of income. Not at all
Clubbing will not applicable but partnership can be formed
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