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Get PriceA Partnership Deed is the most important document required while entering into a partnership Although a partnership deed can be an oral or written an agreement for partnership needs to be written A Partnership Deed outlines the rights and responsibilities of all the parties to a business operation
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Get Price· In the instant case the Assessing Officer disallowed deduction for remuneration paid to partners of 64 923/ on the ground that the partnership deed does not provide for remuneration to partners The same was confirmed in appeal by the CIT A on the ground that the remuneration to individual partners has neither fixed in the deed nor the deed provides for the manner of
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