Become a Govt. Certified GST Practitioner. Batch begins 18th Nov. Register Now!

Change in Partners profit sharing ratio.

08 June 2022

How can I change the profit sharing ratio of partner in Firm. Please share the procedure for the change and which form I have to file to ROF.

Reply
Follow
Share

16 Replies

Eswar Reddy S (CFO- at NHTF) (58270 Points)
Replied 08 June 2022

Submitted amended partnership deed

Upgrade to CAclubindia Pro. Subscribe Now!

Abhay Salunkhe (32 Points)
Replied 08 June 2022

Is the submission has to be online or We have to submit it to the ROF by visiting?

Eswar Reddy S (CFO- at NHTF) (58270 Points)
Replied 08 June 2022

Have you done initial registration online?

Abhay Salunkhe (32 Points)
Replied 08 June 2022

Yes initial registration was done online.

Eswar Reddy S (CFO- at NHTF) (58270 Points)
Replied 08 June 2022

Then you can upload the amended partnership deed online

Upgrade to CAclubindia Pro. Subscribe Now!

Abhay Salunkhe (32 Points)
Replied 08 June 2022

On ROF website?? and if on ROF website then which form i need to submit to upload an amended partnership deed??

Eswar Reddy S (CFO- at NHTF) (58270 Points)
Replied 08 June 2022

You may reconstitution of firm on registrar of firms website.

CA Rashmi Gandhi (Chartered Accountant) (86323 Points)
Replied 16 June 2022

Ammend partnership deed and submit it online.

Eswar Reddy S (CFO- at NHTF) (58270 Points)
Replied 16 June 2022

You must have reconstituted partnership deed and you can also visit ROF if required

CA Rashmi Gandhi (Chartered Accountant) (86323 Points)
Replied 16 June 2022

Again same reply..... @ eshwar

Upgrade to CAclubindia Pro. Subscribe Now!

Eswar Reddy S (CFO- at NHTF) (58270 Points)
Replied 16 June 2022

I already gave answer then why you gave same answer ?

CA Rashmi Gandhi (Chartered Accountant) (86323 Points)
Replied 16 June 2022

Becaise u ruined every post by your multiple replies.

Abhay Salunkhe (32 Points)
Replied 16 June 2022

Thank you so much for your help @ eswar and CA Rashmi Gandhi.But i have one more question, I already ammend the partnership deed but i have a question where i upload that deed. Can any of you tell the exact which form i need to fill for uploading the ammended partnership deed. On ROF website i cant find any of the forms regarding amending partner's deed.

1 Like