Remuneration

This query is : Open

Querist : Anonymous

Querist : Anonymous (Querist)

14 February 2015 In One Partnership Firm, another partnership firm is a partner then first partnership frim can pay remuneration to another one??

Thnaks in advance

CA Mehta Ankur N.

CA Mehta Ankur N. (Expert)
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14 February 2015 No,

A partnership firm is not a person and therefore a firm can not enter into partnership with any firm or individual.

So No Que. of remuneration will be arise.

Querist : Anonymous

Querist : Anonymous (Querist)

14 February 2015 but it is fact that one partnership firm is a partner in another partnership firm.

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