If there is a partnership firm, can we give more than Rs.
20,000/-cash in a single day to partner?
Answers were Sorted based on User's Feedback
Answer / rokkam naga mallika
No.eventhough firm in profit, we can give the amount
through cheque if the amount is more than Rs.20000/-
Is This Answer Correct ? | 27 Yes | 2 No |
Answer / chaitanya chandwadkar
we can give whatever amount
diallowance as per it not considered
Is This Answer Correct ? | 1 Yes | 1 No |
Answer / jay prakash singh
Yes, we can give more than 20000.00 Rs in a single to his
partner but it can be give by different payment not a
single payment.
Is This Answer Correct ? | 2 Yes | 3 No |
Yes, we can give more than Rs.20,000, if the business is
not have any loss eventhough we pay Rs.20,000
Is This Answer Correct ? | 5 Yes | 20 No |
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0 Answers eClerx, Supreme Court,