If the partnership deed is silent on interest on capital, then:
Answer & explanation
Correct answer: option 1
The correct answer is Option (1) → No interest on capital is payable
NCERT (2026-27 edition): |
If the partnership deed is silent on interest on capital, then:
Correct answer: option 1
The correct answer is Option (1) → No interest on capital is payable
NCERT (2026-27 edition): |