Can partner take 20000.00 in form of cash every month in a partnership firm.
Is it allow by law or not please clarify.Tks
It depends upon how the partner is taking ? either
1) Drawings
2) Loan/advance
3) Salary
Dinesh Banthia (32 Points)
12 April 2020
Uday
(Article Assistant)
(411 Points)
Replied 13 April 2020
RAJA P M
("Do the Right Thing...!!!")
(119911 Points)
Replied 13 April 2020
Uday
(Article Assistant)
(411 Points)
Replied 13 April 2020
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