Interest to partner in case of loss
KAPIL JAIN (Job full time as well as part time) (232 Points)
08 October 2016KAPIL JAIN (Job full time as well as part time) (232 Points)
08 October 2016
CA Rahul Mor
(Chartered Accountant)
(173 Points)
Replied 08 October 2016
yes upto 12% interest on capital can be paid even if the loss.