Question
According to Indian Partnership Act, 1932 partner
making, for the purposes of the business, any payment or advance beyond the amount of capital he has agreed to subscribe, is entitled to interest thereon at the rate of …... percent per annum;Solution
Section 1 3(d) of Indian Partnership Act, 1932Â partner making, for the purposes of the business, any payment or advance beyond the amount of capital he has agreed to subscribe, is entitled to interest thereon at the rate of six per cent. per annum Â
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