https://v2.webnotes.in/tags/partnership-act/Recent content in Partnership Act on WebNotesHugoen-INMon, 11 May 2026 00:00:00 +0000https://v2.webnotes.in/zerodha-partnership-account/Mon, 11 May 2026 00:00:00 +0000https://v2.webnotes.in/zerodha-partnership-account/<p><strong>Zerodha partnership firm account</strong> is a trading and demat account opened in the name of a partnership firm by <a href="https://v2.webnotes.in/zerodha/">Zerodha</a> for managing the firm&rsquo;s treasury or investment portfolio in Indian financial markets. Partnership firms in India are governed by the Indian Partnership Act, 1932. Unlike a company, a partnership firm is not a separate legal entity distinct from its partners; it is a body of persons carrying on business together with the intent to share profits. However, a partnership firm is treated as a separate assessable entity under the Income Tax Act, 1961, enabling it to obtain a PAN and hold assets in its name.</p>