Partnership deed

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John Ripath Prabhu

Accountant

61 Points Joined April 2009

Partnership Deed

Can anyone guide me how to prepare a partnership deed.
2 partners
capital of rs.50000

For how much rupee i should get the stamp paper and prepare partnership deed?

Replies (1)

CA Namita Ganatra

Self

70 Points Joined October 2009

I am having one format of partnership deed which I am attaching for your reference. In addition to the clauses in the format the partners can add their own specific clauses if they wish.

The stamp paper requirements are as follows:

In case of capital contribution of Rs. 50,000 or less - Rs. 500

For every additional capital of Rs. 50,000 or part thereof - Rs. 500

Maximum stamp duty for any amount of capital - Rs. 5,000