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partnership firm can give gift

Querist : Anonymous (Querist) 18 May 2011 This query is : Resolved 
can a partner ship firm give gift to a person
if partners are in blood relation
Report Abuse
Jitendar Kumar gupta (Expert) 18 May 2011
yes they can there is no legal bar.
J.K.Gupta Adv. New Delhi
9868529732
guptajkin@gmail.com
M/s. Y-not legal services (Expert) 18 May 2011
Yes.. All partners agreed mean its can be gifted.. No bar for that..
Guest (Expert) 19 May 2011
Bload relation or no blood relation, no restriction for gifting.

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