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Amandeep Singh

Amandeep Singh (Querist)
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12 October 2017 Dear Sir

Please advise to me

We have a partnership firm. as per partnership dead we need to pay 20000/- per month salary to both partner.so can we need to pay monthly amount ( Withdrawal house hold exp. )

Amol S Joglekar

Amol S Joglekar (Expert)
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12 October 2017 you can go by partnership deed provision to pay 20000

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Ashiwini Ballodia

Ashiwini Ballodia (Expert)
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12 October 2017 Agree with Amol Sir.
Alternatively you may transfer the salary to partner current account & the partner may withdraw the amount as per their requirement form partner's current account

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