Is it compulsory in a partnership deed to have clauses for payment of Remuneration and intt. on capital even if as per arrangement between partners no such thing is required. There are only two partners, one is only working partner and contribute no capital and another will contribute capital of 5.00 Lac.
If the firm is going to pay remuneration and interest it must have those clauses. Otherwise no.
Rahul Dang & Associates-Chartered Accountants
Pune
CA Inter
View Details
Shaswat initial support private limited
Ahmedabad
CS
View Details
R P S K & Associates
Nashik
CA Inter
View Details
CAclubindia
