Minimum Turnover for GST before Application
27 Feb, 2024
In the bygone days, when transacting business was much easier, people were involved in the business by just settling to make a trade and honored their words! But today, we have seen a long history of Deal-Breaking, complications initiated due to this, and lawsuits that have taken place all around them.
It is why companies or professionals these days prefer to make Legal contracts before signing a business deal. Hence, the importance of Partnership Deed has grown to the sky-high over the past few years.
A Partnership Deed is a written form of a legal agreement between the partners of the firm which outlines the terms and conditions of the partnership between the partners.
It includes all the rights, liabilities, roles of each partner, and the Govt. regulations to help in a clear understanding of the responsibilities of each partner ensuring the smooth functioning of the firm.
Having a Partnership Deed is not mandatory or compulsory by the Companies Act, 2013 in India, but due to numerous reasons a Partnership Deed is important:
If a Partnership Deed is not transcribed or written, no legal benefit could be privileged from it. Hence, it is always the best way to have a written document instead of oral agreements to avail the benefits from the same.
The recommended CA panel of Online Legal India™ delivers the essential guidance in any instance related to the Partnership Deed at an unbeatable price in the country.
Not only by Filing the Form as instructed by the Ministry of Corporate Affairs (MCA), the experts will be at your side till all the important parts of the Partnership Deed get completed.
Already blessed with 120000+ happy clients from every corner of India, we are looking for facilitating more citizens with not only Partnership Deed matters, but with Bookkeeping, Tax Filing, Online Accounting, and any other business compliances through our easily accessible digital portal.