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Partnership act 1932

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Querist : Anonymous

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Querist : Anonymous (Querist)
14 July 2013 can an partner brought more than 50000 in cash and vise versa........?
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CA SURENDRA KUMAR RAKHECHA

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CA SURENDRA KUMAR RAKHECHA (Expert)
14 July 2013 Yes.
.
Even he can introduce Rs.10 lacs or more.

Example : this happens in the cases of property transactions.

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