Whether to form a PVT or Partnership

235 views
User Avatar

n.a
63 Points Posted on 20 July 2020
I am having a Religious Trust .

Now I wanted to get in to Dairy Business..

Trust will be providing the land and infrastructure in return we have to provide 30% of the profit to the the trust.


So whether I should form a company
or a Partnership considering we have to take a bank loan
0 Reply Share Follow
On 20 July 2020 at 14:22 Report
Replies (2)
Quick Summary
This discussion explores the best business structure, PVT or Partnership, for a new dairy venture. The user plans to use land and infrastructure from a Religious Trust, sharing 30% of profits. Key considerations include securing a bank loan, as loans are available for various entities based on income, not just the business type.

User Avatar

PRACTICE
3584 Points Posted on 20 July 2020
Bank loan and entity are different aspect. loan is available for all type of entities. however business loan is available for business entities
1 Reply
On 20 July 2020 at 20:48
User Avatar

1102 Points Posted on 20 July 2020
From Bank loan prospective, they will provide loan on your Income basis rather than on type of business
Reply
On 20 July 2020 at 22:50

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Topics :

  1. Capital gains incidence due to bonus shares
  2. Amendment of Object Clause of Memorandum
  3. How Can I Request a Refund for an Accidental Airte
  4. TDS on salary paid in cash
  5. YEAR END GST ENTRY FOR RCM NOT PAID RS 5000 I.E OU
  6. Last Date To Fill ITR For Non-Audit Case
  7. Guidance Required on Filing Fresh Registration und
  8. IT Return Refund Status AY 2026-27
  9. Clarification Regarding Income Tax Demand Notice
  10. Online PAN Download: Check How?

More recent discussions | Post

Related Topics :

Loading