Working partner
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
02 August 2011
can a person be considered as a working partner even if he is not getting any remuneration from the firm and therefore, due date u/s 139(1) 30/9 if the deed so provide that he is a working partner and will not get remuneration.
02 August 2011
The issue is debatable for lack of clarity in the explanation to section 139(1). However, since the working partner is not being remunerated, there is no meaning in seeking time upto 30/09.
02 August 2011
As per firm pertnersheep deed clearification a be considerd as a working partner after satisfied by the all partners.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- CPC Processing IT Return for AY 2023-24 without recognizing the Taxation Option under New Regime
- Where to show the RCM on Rent paid to unregistered landlord
- Is Aadhar PAN linking required for opening bank account?
- Gst Sales of FY 2023-24
- RCM - commercial rent paid to URP under GST
- SEC 54 OF IT ACT
- Payable outstanding for years disallowance
- Legal heir raised refund , but refund issued to the closed account of deceased.
- Whether still royalty
- TDS NUMBER SURRENDER
- Need help with business structure for setting up a new business
- TDS applicability on Service through ECO
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding Resignation by Auditor from Pvt. Ltd.
Trending Online Classes
-
Excel Mastery Program
CA Rishabh Pugalia
CAclubindia
