Law

Others 362 views 1 replies

dear sir ,

           whether partnership firm is mandatory take partners salalry & interest on pat capital. if deed mention partners take salary & interst on partner capital but partners shall not take theses two income . is it correct or not pls. reply me clearly

 

Replies (1)
act says 6% intrest on partners capital can take if profit sharing not specified then equally otherwise as per deed ,can take both intrest and salary or say profit no issue


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