PARTNERSHIP

Sir!

We would like to know mthe following.

a. Is it possible to enter in to Partnership deed among 3 partners . One of the Partner desire to retire in the same year of formation , leaving behind 2 Partners? What will be the consequences like in Accounts, Taxation etc.

b. We are looking for 'Partnership Deed' in word format for formation, retirement of a partner, Induction of a new partner, Power of attorney to one or more then one partners & dissolution of Partnership firm pl.?

Looking froward to hear.

CA Laxmi Mittal

M.No. 038894

 

 

Replies (3)

1. If it is partnership at will, any patner can retire at any time.

In 3CD we have to show change in partners and their profit sharing ratio.

 

Please find partnership deed attached with this.

1. If it is partnership at will, any patner can retire at any time.

In 3CD we have to show change in partners and their profit sharing ratio.

 

Please find partnership deed attached with this

Thanks a lot dear.

 

CA Laxmi Mittal

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