Can we pay interest on capital in case of WIP (Work in Progress) ?
Also In a partnership firm, if there are two partners, can we have a provision to pay interest only to two partners and not all partners ?
Can we pay interest on capital in case of WIP (Work in Progress) ?
Also In a partnership firm, if there are two partners, can we have a provision to pay interest only to two partners and not all partners ?
Partnership firm is governed by the Partnership agreement so please check the agreement is there any option if no it can be alter with the consent of all the partner.
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Ahmedabad
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