Question
According to Indian Partnership Act, 1932 the property
of the firm includes:Solution
Section 14 of Indian Partnership Act, 1932 Subject to contract between the partners, the property of the firm includes all property and rights and interests in property originally brought into the stock of the firm, or acquired, by purchase or otherwise, by or for the firm, or for the purposes and in the course of the business of the firm, and includes also the goodwill of the business.
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