Hi,
We are running a partnership firm with 4 partners. one of the partner is retiring and we have finalised the retirement deed. Now when we approach the bank to change the details, they are asking us to show the profit share, which we have not mentioned in the retirement deed. My question is...
Shall I put amandment in the retirement deed with profit ratio? or
Just put new partnership deed with existing partners with profit ratio?
Tks,
Dr. Mohan
CAclubindia
