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What is a partnership deed? - Accountancy

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प्रश्न

What is a partnership deed?

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उत्तर

Partnership deed is a document in writing that contains the terms of the agreement among the partners. It is not compulsory for a partnership to have a partnership deed as per the Indian Partnership Act, 1932. But, it is desirable to have a partnership deed as it serves as evidence of the terms of the agreement among the partners.

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Meaning, Definition and Features of Partnership
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 3: Accounts of partnership firms–fundamentals - Very short answer questions [पृष्ठ १११]

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सामाचीर कलवी Accountancy [English] Class 12 TN Board
अध्याय 3 Accounts of partnership firms–fundamentals
Very short answer questions | Q II 2. | पृष्ठ १११
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