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Remuneration to partner

This query is : Resolved 

17 August 2013 If a partner of partnership firm is a Private limited company,can partnership firm provide remuneration to private limited and how it is accounted in private limited. Whether it is accounted and assessed in director of pvt. ltd. or pvt ltd itself??

19 August 2013 Firm can not pay remuneration to company/firm


19 August 2013 As the company/firms are not natural persons they are just a legal person created by the fiction of law.




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