https://www.taxtmi.com/highlights?id=16092 Legality of existence of firm BVRE – number of persons vis-à-vis 4 HUFs would be 12 (15 – 3). Since Sec.11(2) of Companies Act, 1956 uses expression “Person”, number of persons who have signed partnership deed in two capacities have to be reckoned as “one person” - AT en-us Wed, 27 Nov 2013 00:46:51 +0530 Wed, 27 Nov 2013 00:46:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=16092 Legality of existence of firm BVRE – number of persons vis-à-vis 4 HUFs would be 12 (15 – 3). Since Sec.11(2) of Companies Act, 1956 uses expression “Person”, number of persons who have signed partnership deed in two capacities have to be reckoned as “one person” - AT Highlights Income Tax Wed, 27 Nov 2013 00:46:51 +0530 https://www.taxtmi.com/highlights?id=16092