Easy Office
Easy Office

Whether partner can invest CASH in his capital ?

This query is : Resolved 
Profile Image

Profile Image

(Querist)
23 February 2020 I am Partner in a Firm whether i can can increase my capital by investing additional CASH.If yes what is the maximum limit i can incest by CASH.

Read more at: https://www.caclubindia.com/experts/ask_query.asp
Profile Image

Bhaskaran Chackrapani Warrier

Profile Image

Bhaskaran Chackrapani Warrier (Expert)
23 February 2020 Maximum two lakhs. Violation attracts penalty u/s 271DA to the recipient.
Profile Image

Asha Kanta Sharmapro badge

Profile Image

Asha Kanta Sharmapro badge (Expert)
31 August 2020 The amount of penalty will be sum equal to amount received by a recipient.
Upgrade to CAclubindia Pro. Subscribe Now!


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro

Trending Online Classes

view all classess


Answer Query



Quick Links