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salary to partner

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kamlesh (Querist)
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07 November 2017 can we pay salary to partner on monthly basis

Ashiwini Ballodia

Ashiwini Ballodia (Expert)
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07 November 2017 Yes salary can be paid monthly to partner but it should be authorised by Partnership Deed

kamlesh (Querist)
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07 November 2017 but partnership deed made already so how to it

kamlesh (Querist)
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07 November 2017 we want pay salary only 2 partners out of 6

kamlesh (Querist)
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07 November 2017 and in case business get l oss then salary reverse to capital?

Ashiwini Ballodia

Ashiwini Ballodia (Expert)
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07 November 2017 Make a supplementary Partnership deed than you can pay salary

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