Menu
indian partnership act
x and y agreed to share the profits of a business carried by all or any of them acting for all later z lent rs 100000 to the firm on the condition that he will take 20 percent share in profit . can z be regarded as a partner
Replies (2)
No, unless he/Z legally enters in the partnership deed.
thanku sir
Recent Topics :
- Question for members: how do you manage client doc
- Clarification Required on Invoicing and Receipt of
- SEBI Registered VS NSDL Registered RTA
- Income tax or capital gain tax for Resident Indivi
- PCIT-1 Thane Email address
- CA Fees deduction for non audit case allowed?
- 5th Letter PAN Mismatch with Surname issues still
- Criteria to hire an article
- Guidence requested for a Finance Professional with
- Expert Opinion Required – Form 140 Gross Amo
Related Topics :
CAclubindia
