Partnership Firms in India
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
20 August 2010
What should be the amount paid as salary/remuneration. Can it be anything or is it fixed as in maximum or minimum amount.
Also if the partnership deed has a clause of interest to be paid on capital to partners at a certain percentage. Can same be removed from deed or is it mandatory to give interest on partners capital. In case mandatory who will give this interest, as i understood a partnership firm does not have seperate identity. Please explain.
Also if the partnership deed has a clause of interest to be paid on capital to partners at a certain percentage. Can same be removed from deed or is it mandatory to give interest on partners capital. In case mandatory who will give this interest, as i understood a partnership firm does not have seperate identity. Please explain.
20 August 2010
replied there
https://www.caclubindia.com/experts/partnership-firm-in-india-465310.asp
https://www.caclubindia.com/experts/partnership-firm-in-india-465310.asp
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