Investment by company in partnership firm

Tax planning 371 views 1 replies
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90 Points Joined May 2009

Dear Friends,

There is a situation in which A private Limited company want to become partner in partnership firm.

What would be tax implecations, Would it be wise to become a partner in an existing firm or start a new subsidiary company??

Thanks in advance.

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On 05 August 2014 at 20:36 Report
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Student as well as Self-employed
3710 Points Joined September 2007
partnership firm and subsidiary has its own benefits and limitations. the co. should properly evaluate both situations and then decide which one to select. sometimes selection also depends on line of business that the co. wants to invest in.
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On 05 August 2014 at 21:10


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