Tag Archives: #IndianBusinessLaws

What is 15CA and 15CB certificate?

15CA and 15CB certificate   The 15CA and 15CB certificate are documents required by the Indian government for certain types of international transactions involving the transfer of money to non-resident individuals or entities. Here’s an explanation of each certificate: Form 15CA: This form is a declaration of remittance under Section 195(6) of the Income Tax… Read More »

Can huf be partner in partnership firm?

HUF be Partner in Partnership Firm   HUF  be partner in partnership firm: Yes, a Hindu Undivided Family  can be a partner in a partnership firm. According to the Indian Partnership Act, 1932, a partnership can be formed between two or more individuals, including HUFs. In a partnership firm, the Hindu Undivided Family would be… Read More »