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PARTNERSHIP FIRM

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17 March 2011 WHETHER A PARTNERSHIP FIRM CAN BECOME A PARTNER IN ANOTHER PARTNERSHIP FIRM ?
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CA Ravi Sisodia

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CA Ravi Sisodia (Expert)
17 March 2011 PARTNERSHIP FIRM CAN NOT BECOME A PARTNER IN ANOTHER PARTNERSHIP FIRM.
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CMA. CS. Sanjay Gupta

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CMA. CS. Sanjay Gupta (Expert)
17 March 2011 No a Partnership firm can not become a partner in another partnership firm. The simple reason being that it has no separate legal entity. On the other hand a company has a separate legal entity and therefore a company can be a partner in a partnership firm.
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CMA. CS. Sanjay Gupta

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CMA. CS. Sanjay Gupta (Expert)
17 March 2011 For Eligibility For Partnership....See below link----

http://www.tax4india.com/indian-laws/business-commercial-law/partnership-law/partnership-law.html

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