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Patnership Deed

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(Querist)
05 May 2010 HOW TO SHOW THE SHARE OF PROFIT OF RETIRING PARTNER GIVEN TO EXISTING PARTNER IN THE RETIREMENT DEED ie NEW SHARE OF THE EXISTING PARTNER.
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CA Debasish Banerjee

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CA Debasish Banerjee (Expert)
06 May 2010 Retiring partners will discontinue. Existing partners shall distribute the 100% profit sharing ratio amongst themselves and can be written as follows:

The continuing partners shall distribute the profit or loss in the following manner

Sri ..... - 40%
Sri ..... - 30%
Sri ..... - 30%
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