Under the partnership Act, firm registration is optional, and not essential. This is clear from the plan of section 58 and 59. A suit by one partner to exact other partners to join in registration of the partnership is maintainable. The contract of partnership does not cancel a partnership of non registration it affects the right of a partnership […]
Continue reading »The joint venture holding company will be permitted to handle the position. A pre qualified company or joint venture corporation may during the successive incorporation company or pre-qualified company subject to the approval of the government.The joint venture connects two or other companies joining together in one business. But a partnership has two or more people to maintain a business. […]
Continue reading »Firm Registration The registration of a firm is particular under the Income tax act under the partnership Act 1932. A function for firm registration can be made if the partnership makes by an instrument of partnership and the individual shares are stated in that device. An application for firm registration is to be made to the assessing officer having jurisdiction […]
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