According to partnership act or any other rule what is the minimum percentage for a partner?
Can a partnership deed contain 2 partners with 99% ownership to one partner and 1% ownership to another partner?
Thanks for replies.
Menu
According to partnership act or any other rule what is the minimum percentage for a partner?
Replies (3)
asking about profit sharing ratio?
Yes it can be any ratio as decided by partners and mentioned in the partnership deed and in the absence of such psr is equal...
Thanks a lot for the replies
Recent Topic
- While e filing otp not generating
- INCOME FROM CLOSING OF NSS -1992 -EXEMPT UNDER W
- GPF AND COMMUTED PENSION RECEIVED
- How do I choose the correct trademark class? Can I
- Error in totalling salary amount in AIS
- Client consent under DPDPA: Is client sharing PAN,
- TDS MISMATCH
- Rebate on other income even if LTCG is above my 12
- Need CA to certify shareholding pattern.
- Ltcg savings
Related Topics
CAclubindia
