Interest on capital of pship firm
This query is : Resolved
29 November 2014
Sir is interest on capital has to be paid to partner if he is having negative balance as his capital at the end of the year( withdrawn excess)?
29 November 2014
it is between the partners they need to decide as per mutual understanding and as per deed u need to transact.
Rupesh Jain
(Expert)
29 November 2014
pls see the partner ship deed.
in which if write that intt will be given by partner then charge from the partner.
in which if write that intt will be given by partner then charge from the partner.
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