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Does it is compulsory to give interest on capital to all partner

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1359 Points Posted on 28 November 2021
does it is compulsory to give interest on capital to all partner means can we give interest on capital to only one partner ???
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On 28 November 2021 at 22:49 Report
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Self Employed
676 Points Posted on 28 November 2021
Generally these conditions are always remain in every deed. but it is optional and upto partners' mutual understanding to give interest on capital
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On 28 November 2021 at 23:08
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Chartered Accountant
24588 Points Posted on 29 November 2021
Interest to all partners should be paid
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On 29 November 2021 at 05:59
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Profession Business
28207 Points Posted on 29 November 2021
Conformity to partnership deed.
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On 29 November 2021 at 08:33


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