Menu
remuneration and interest to partner
is it necessary to pay remuneration and interest to partners in partnership firm
Replies (1)
▪RENUMERATION is generally payable to those partners who are actively contributing in the functioning of the partnership firm.
▪INTEREST is normally paid to the partners in the respect of capital invested by them in the partnership firm.
But in case of sleeping partners it depends upon the terms and conditions of the partnership agreement.
▪INTEREST is normally paid to the partners in the respect of capital invested by them in the partnership firm.
But in case of sleeping partners it depends upon the terms and conditions of the partnership agreement.
Recent Threads
- International Tax clarification UK.
- E way bill expired penalty
- Best SME Focused AIF Funds in India for High Growt
- How does employee management software help in stat
- Clarification Required – Section 18 of Wage
- How to split freelance project income with a frien
- 194a for A y 2024-25
- Compensation & Benefits
- SAC code and GST rate transport services for anima
- Section 44AB is Gone — How Different is Tax
Related Threads
CAclubindia
