{"id":44169,"date":"2024-07-15T11:06:45","date_gmt":"2024-07-15T05:36:45","guid":{"rendered":"https:\/\/itatonline.org\/digest\/?post_type=qa&#038;p=44169"},"modified":"2024-07-15T11:06:45","modified_gmt":"2024-07-15T05:36:45","slug":"share-investment-in-firm","status":"publish","type":"qa","link":"https:\/\/itatonline.org\/digest\/qa\/share-investment-in-firm\/","title":{"rendered":"SHARE INVESTMENT IN FIRM"},"content":{"rendered":"<p>Can <strong>Partnership Deed<\/strong> provide in their deed as under:<\/p>\n<p>&#8220;The Partnership business shall be that of share Investment, Mutual Fund Investment and Other Investment.&#8221;<\/p>\n<p>Is there any restriction of RBI \/ SEBI\/NSDL for such type of investments which otherwise can be done by PVT LTD by proper NBFC License.<\/p>\n<p>As business clause suggest share investment the benefit of Long term or short term will not be available and firm will have to pay flat rate of 33% on such profit?<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","qa_expert":[],"qa_category":[23],"qa_tag":[404],"class_list":["post-44169","qa","type-qa","status-publish","hentry","qa_category-income-tax","qa_tag-partnership"],"acf":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa\/44169","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/qa"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=44169"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=44169"}],"wp:term":[{"taxonomy":"qa_expert","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa_expert?post=44169"},{"taxonomy":"qa_category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa_category?post=44169"},{"taxonomy":"qa_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa_tag?post=44169"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}