banner_ad

Interest on partner capital

This query is : Resolved 
Profile Image

Profile Image

(Querist)
21 April 2012 How calculate interest on partner capital.is remuneration paid per month debited partner capital account.i am calculate interest on day basis.
Profile Image

C A S.S.Agarwal, M.Com.,LL.B,

Profile Image

C A S.S.Agarwal, M.Com.,LL.B, (Expert)
22 April 2012 Take the account of the partner and start with the opening balance and next debit or credit calculate interest up to first debit and credit if any and like wise calculate interest on number of days for the whole year the interest rate should not exceed 12%
Profile Image

CA Rakesh Goenka

Profile Image

CA Rakesh Goenka (Expert)
22 April 2012 agree with above expert...........
Profile Image

Rahul kumar

Profile Image

Rahul kumar (Querist)
23 April 2012 But remuneration paid to partner per month as per deed transfer to partner account or not.
Profile Image

Aashok Kumar Sharma online

Profile Image

Aashok Kumar Sharma online (Expert)
01 August 2024 https://docs.google.com/document/d/1MyN2eCDmbeSa7YOE-tzsTfZ1dutKe0FBueTYlSvwUk0/edit?usp=sharing
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
ARTICLESHIP 17 May 2026
CA Article /Trainee

Malik Sunil & co

New Delhi

CA Foundation

View Details
Company
18 May 2026
MIS Executive

Primarc Pecan Retail Limited

Mumbai

B.Com

View Details
Company
22 May 2026
U.S. Financial Reporting & Consolidation Manager

Karia Overseas

Ahmedabad

CA

View Details
Company
19 May 2026
Article, CA & Paid Assistant Positions

Aggarwal Sarawagi and Co

New Delhi

CA

View Details
Company
ARTICLESHIP 31 May 2026
Article Assistant

KPRS And Associates

New Delhi

CA Inter

View Details
Company
14 May 2026
ICSI Trainees for 21 Months and Semi-Qualified CS

CMNITY HIRE

New Delhi

Others

View Details
Company
ARTICLESHIP 27 May 2026
CA Article Trainee

Rahul Dang & Associates-Chartered Accountants

Pune

CA Inter

View Details
Company
01 June 2026
Audit, Taxation & Compliance Executive

R P S K & Associates

Nashik

CA Inter

View Details