Legal Question in Business Law in India

A foreign partnership firm registered outside India , what will be its status/position in India under Indian Partnership Act ?


Asked on 3/09/17, 5:41 am

1 Answer from Attorneys

Fca Prashant Chavan Expert Edge LLP

10.03.2017

Dear Sir / Madam,

Even though it is a foreign partnership firm registered outside India, if it is transacting any business in India, it will be a deemed partnership firm under the Indian Partnership Act, and will remain taxable on it's income from Indian operations.

Regards,

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Answered on 3/09/17, 6:52 pm


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