Consequences of capital contribution as per partnership deed
This query is : Resolved
03 May 2016
Dear All,
Wanted to know what are the consequences or is there any consequences of not contributing capital as mentioned in Partnership deed. In our case out of three partners, two partners have not invested capital as mentioned in partnership deed.
Wanted to know what are the consequences or is there any consequences of not contributing capital as mentioned in Partnership deed. In our case out of three partners, two partners have not invested capital as mentioned in partnership deed.
Rupesh Jain
(Expert)
03 May 2016
pls see partnership deed, its mention in case what happen. if not mention then capital not contributing partner have Dr. of capital then they have to give the intt. as rate mention in partner ship deep. if not mention then you can take the rate as mention the same rate given on the capital to partners.
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Gst registered proprietorship firm
- TDS Challan - change of FY 2025-26 to TY 2026-27
- AUDITOR APPOINTMENT FOR THE YEAR ENDING MARCH 27
- GST Intimation due to Government took possession of Business Premises under PPE Act
- TDS on Fixed Assets purchased
- SALARY CAN BE CAPITALIZE
- Non filing of I T Returns
- TDS on purchase of under construction property from a reseller
- GST on Renting godown to KFCSC for Storage of Raagi
- How to Handle Active E-Invoices in GST Portal Deleted from Tally?
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Starting trading business
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
