Can a third person invest money in our partnership firm. If yes, then do we have to return his money as per rules or legal point of view
Menu
Investment in the partnership firm by a third person
Replies (3)
No...
It will be treated as loan and Yes you will have to repay the same later on
Yes it would be a loan
Recent Threads
- STCG & LTCG Rate changes in the middle of FY 2
- Exemptions under New Tax Regime
- ITR-2 Payment Made but Status Not Updated
- Need help for ITR filing
- ITR Updated returns. Time limit for filing
- ITR 2 Processed and Refund Credited to Bank
- Freelancer or Salaried
- LTCG Tax and Indexation on Debt Mutual Funds Sold
- Section 45(5A) and 194IC with carry forward of tds
- Paid tax amount, CIN generated and challan downloa
Related Threads
CAclubindia
