Interest to partners on capital
Sonal Shinde- Waje (Student CA IPC / IPCC) (27 Points)
30 July 2016
Whether it is mandatory to pay interest to Partners on capital.? What if we not pay it.?
Sonal Shinde- Waje (Student CA IPC / IPCC) (27 Points)
30 July 2016
Dinesh Mertiya
(PROFESSIONAL)
(761 Points)
Replied 30 July 2016
Interest paid is mandatory or not, is subject to partnership deed
CHIRAG DEEPAK GANATRA
(CA FINAL)
(1054 Points)
Replied 30 July 2016
not mandatory,
the clause should be there in deed of partnership
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