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Sandeep Wawhal (BCom + P.G.D.F.M. + CA-Final)     14 November 2018

Partner in profit only.

Friends,

Whether Partner in profit only is eligible for Remuneration as given to active partner ?

and whether Partner in profit only is different from active partner ?

Regards,



Learning

 3 Replies

Suri.Sravan Kumar (senior)     14 November 2018

it depends upon the intention of the partner(s) in the partnership Deed.

Sandeep Wawhal (BCom + P.G.D.F.M. + CA-Final)     16 November 2018

Sir,

 

Partner has an intention to enjoy profit only and not to suffer loss. 

Carolyn   16 January 2019

It depends on the intention of the partner


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