-Added by nisha sheikhAccountancy » Accounting For Partnership Firms: Fundamentals
Answer by: nisha sheikh
No, It is not essential but desirable to have a Partnership Deed. In case Partnership Deed does not exist, Provisions of the Indian Partnership Act, 1932 will apply.
-Answered by nisha sheikh On 07 October 2020:11:44:50 AM(20875Average Rating Based on rating)
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