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    <title>Application for registration of a firm for the purposes of the Income-tax Act, 1961 (Omitted)</title>
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    <description>Form No. 11 requires filing an application for firm registration under the Income-tax Act with the Assessing Officer, enclosing the partnership instrument. The applicant must declare no partner was a benamidar in relation to firm shares (except spouse or minor child), and provide a Schedule detailing each partner&#039;s name, address, admittance date, interest on capital/loans, remuneration, profit/loss share percentage and remarks, including conditions for payments dependent on profits and notation for partners who share profits but not losses.</description>
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    <pubDate>Thu, 23 Oct 2008 10:40:00 +0530</pubDate>
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      <description>Form No. 11 requires filing an application for firm registration under the Income-tax Act with the Assessing Officer, enclosing the partnership instrument. The applicant must declare no partner was a benamidar in relation to firm shares (except spouse or minor child), and provide a Schedule detailing each partner&#039;s name, address, admittance date, interest on capital/loans, remuneration, profit/loss share percentage and remarks, including conditions for payments dependent on profits and notation for partners who share profits but not losses.</description>
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