INTEREST ON PARTNERS CAPITAL

shaikh sajeed (Associate) (151 Points)

29 October 2017  
PARTNERSHIP DEED ALLOWS INTEREST ON CAPITAL @ 12% BUT WHAT IF INTEREST PAID IN ACTUAL FOR THE YEAR IS LESS THAN THE ALLOWED RATE; IS IT ADMISSIBLE?

SHOULD I FILL THE RATE OF INTEREST ON CAPITAL WHAT IS PÀID OR WHAT IS IN THE DEED IN FORM NO.5?