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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



If there is a partnership firm, can we give more than Rs. 20,000/-cash in a single day to partner?..

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

If there is a partnership firm, can we give more than Rs. 20,000/-cash in a single day to partner?..

Answer / chaitanya chandwadkar

we can give whatever amount

diallowance as per it not considered

Is This Answer Correct ?    1 Yes 1 No

If there is a partnership firm, can we give more than Rs. 20,000/-cash in a single day to partner?..

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

If there is a partnership firm, can we give more than Rs. 20,000/-cash in a single day to partner?..

Answer / vishweshwar sayam

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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