pratibha partner of a firm has advanced loan to the firm of Rs, 1,00,000 the firm does not have a paranership Deed will pratibha get interest on the i
pratibha partner of a firm has advanced loan to the firm of Rs, 1,00,000 the firm does not have a paranership Deed will pratibha get interest on the if yes , at which rate and Why ?
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Yes, In the absence of Partnership Deed, a partner receive interest on loan @ 6% p.a.
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