Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 1984 (11) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
1984 (11) TMI 40 - HC - Income TaxExtract: ....... company. It is well known that all shareholders with qualifying shares cannot become directors of a company. The position as to partners in firms is quite different. person could become a partner only by contributing capital, unless he is taken as a working partner. In the result, we answer the question in the affirmative and against the assesses.
|