Partnership
Definition |
Formation |
Types of partnership |
Registration |
Advantages |
Disadvantages |
Documents required |
Taxation |
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Definition
Partnership is the relation between persons who have agreed to share the profits of a business carried on by all or any of them acting for all
who have entered into a partnership with one another are called individually, "partners" and collectively "a firm".
A minor can be admitted to share only the profits of a partnership.
the name under which their business is carried on is called the "firm-name".
Definition
Partnership is the relation between persons who have agreed to share the profits of a business carried on by all or any of them acting for all
who have entered into a partnership with one another are called individually, "partners" and collectively "a firm".
A minor can be admitted to share only the profits of a partnership.
the name under which their business is carried on is called the "firm-name".
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