partnership firm i
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
02 August 2010
whether partnership firm can be a partner of the another partnership firm
02 August 2010
A firm cannot become partner of another firm but a company can become partner of a firm.
02 August 2010
Under partnership law, a partnership firm is not a legal entity, but only consists of individual partners. It is not a distinct legal entity apart from the partners constituting it, except for the purpose of Tax laws. Therefore, a partnership firm can not become partner in another partnership firm!!
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- SEC 54 OF IT ACT
- Is Aadhar PAN linking required for opening bank account?
- CPC Processing IT Return for AY 2023-24 without recognizing the Taxation Option under New Regime
- Where to show the RCM on Rent paid to unregistered landlord
- Form 26QB for TDS on property
- Offsetting interest income against derivative trading losses
- TDS NUMBER SURRENDER
- Legal heir raised refund , but refund issued to the closed account of deceased.
- Whether still royalty
- RCM - commercial rent paid to URP under GST
- Regarding Form 15CA & CB
- Deemed to be University shall pay gst on Bus fee collection from students
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding Resignation by Auditor from Pvt. Ltd.
Trending Online Classes
-
Excel Mastery Program
CA Rishabh Pugalia
CAclubindia
