Section 25 Partnership Act, 1932 Explained: Effect of registration | Nyaya

Statutory Content

What does Section 25 of Partnership Act, 1932 say?

The registration of a firm shall not have the effect of rendering the firm liable to pay any tax or duty which it would not have been liable to pay if it had not been registered, and the registration of a firm shall not have the effect of rendering any partner of the firm liable to pay any tax or duty which he would not have been liable to pay if the firm had not been registered.

Indian StandardSection 25, Partnership Act, 1932

Bluebook (21st ed.)Partnership Act, 1932, § 25 (India)

Court Pleading StandardSection 25 of the Partnership Act, 1932

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Source: Gazette of India (Official Publication)Verify egazette.gov.in ↗

Common Questions about Section 25 Partnership Act, 1932

What is Section 25 of Partnership Act, 1932?

Section 25 of the Partnership Act, 1932 (Partnership Act, 1932) defines and regulates "Effect of registration". The section states: The registration of a firm shall not have the effect of rendering the firm liable to pay any tax or duty which it would not have been liable to pay if it had not been registered, a...

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