Update

Muft Shiksha™ एक 100% Free Education Portal है 🇮🇳, जिसका उद्देश्य Class 9–12 के हर विद्यार्थी तक High-Quality Education को पूरी तरह मुफ्त पहुँचाना है। 🇮🇳 हम मानते हैं कि अच्छी शिक्षा किसी student की आर्थिक स्थिति पर निर्भर नहीं होनी चाहिए। 🇮🇳 हर विद्यार्थी को वही Quality Study Material, MCQs, Quizzes, Exam Preparation, Concept-Based Learning और Bilingual Support मिलना चाहिए, जो आमतौर पर महंगी Coaching या Premium Platforms में मिलता है। Muft Shiksha™ 🇮🇳 इसी सोच के साथ बनाया गया है

Subjects
0 reads0 ratings0 helpful

If the partnership deed contains a specific provision for calculating the deceased partner’s share of profit up to the date of death, on what basis will the share be calculated?

Answer and explanation

Correct answer: साझेदारी विलेख में दिए गए प्रावधान के अनुसार

The deceased partner’s share of profit up to the date of death is calculated according to the specific provision in the partnership deed. A time basis, sales basis, or another method is used only when the deed does not prescribe a particular method. Exam tip: a specific term of the partnership deed overrides the usual method of calculation.

Related tags

AccountancyPartnershipRetirement Or Death Of PartnerDeceased Partner ShareProfit CalculationDeceased Partner’s ShareDeceased Partner S ShareReconstitution Retirement Or Death Of A Partner

Was this question useful?

No ratings yetWrite a review / Rate this question

Student Reviews

No published reviews yet.

Add Muft Shiksha to your Home Screen

In Safari, tap Share, then Add to Home Screen.