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State the provision of indian partnership …

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State the provision of indian partnership act 1932 in the absence of partnershipdeed regarding 1)interst on partners drawing and 2)interst on advance other than capital

    • Posted by Dharun R.K. 6 years, 10 months ago

    CBSE > Class 12 > Accountancy
    • 1 answers

    Amit Kumar 6 years, 10 months ago

    1 no interest will be provided 2 if advance is treated as loan then 6% interest will be allowed

    1Thank You

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