Tag: Partnership Deed

Dissolution of a Partnership under Section 189

July 30, 2022December 13, 2022 ELXiOYXt No Comments

It is possible for a partner to dissolve a partnership firm at any time. The income of the partnership firm will be assessed as if no such dissolution or discontinuance had taken place when any business or profession carried on by the partnership firm has been discontinued or dissolved. Partnership firms dissolve by selling or … Read More “Dissolution of a Partnership under Section 189” »

What Are the Steps to Open a General Partnership?

July 27, 2022July 30, 2022 ELXiOYXt No Comments

Partnership Firm Registration

The formation of a partnership in business occurs when existing proprietary interests are combined with one another Business expansion is planned by the proprietor. A partnership is an agreement between a group of people. Generally, a partnership is a relationship between persons who have agreed to share the profits of a business carried on by … Read More “What Are the Steps to Open a General Partnership?” »