Gift to partnership firm by the former of firm
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
10 February 2013
Can individual donate to partnership firm business rs 5000/-
What documentation is required?
What documentation is required?
11 February 2013
it will add in the capital balance of his capital. no other way.
29 July 2013
No gift cannot be given to a partnership firm. It can be given to the partners and if you are a partner then only it is to be credited to your capital account in the books of the firm
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