There is no provision in the Partnership Act requiring Partnership Deed to contain profit/loss ratio-High Court
August 3, 2018
High Courts, Income Tax
There is no provision in the Partnership Act requiring that Partnership Deed should contain the ratio of profit and loss per partner-High Court ABCAUS Case Law Citation: ABCAUS 2448 (2018) 08 HC The only common question of law raised for consideration in the instant appeals was whether Section …