Dear Brothers abd Sisters,
I want to know that HUF can enter as a partner in the Partnership firm with his wife and two sons as a partners as individual capacity and one partner as HUF status .
The partners all are family members and father and mother and two sons.
Now the Bank people says Huf cannot be a partner in the firm as per Suprem Court Judgement
Whether this is a correct or not
Please give the details and send copy of judgement
Please help me
Auditor Kumar
CAclubindia
