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Question about Partnership Salaries

 
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Question about Partnership Salaries
awaisaftab
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#5
02-19-2009, 09:17 PM
According to Partnership Act,1932 if no agreement about distribution of profit exists among partners then all the profits of a firm shall be distributed equally irrespective of capital and sevices contributed by them.

But salary can be given to a partner only if a contract exists among partners.

Awais Aftab
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Messages In This Thread
Question about Partnership Salaries - by abbas_chinikham - 02-18-2009, 09:36 PM
[No subject] - by tariqab - 02-18-2009, 09:47 PM
[No subject] - by abbas_chinikham - 02-18-2009, 10:22 PM
[No subject] - by tariqab - 02-19-2009, 09:01 PM
[No subject] - by awaisaftab - 02-19-2009, 09:17 PM
[No subject] - by abbas_chinikham - 02-23-2009, 05:56 PM
[No subject] - by Shahbaz - 02-23-2009, 11:57 PM
[No subject] - by awaisaftab - 03-07-2009, 03:45 PM

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