in a partnership deed can the profit sharing ratio will be 80%
10%
10%
3 Replies
Komal Barapatre
(210 Points)
Replied 18 May 2023
The profit sharing ratio can be anything which is mutually agreed by partners
prasad Nilugal
( GST Practitioner & Accounts )
(14831 Points)
Replied 18 May 2023
You have to refer partnership Ship Act 1932
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