hi
MAIN CONTENT OF PARTNERSHIP DEED 1. Name and address of the firm: The partnership deed consists of the name of the business and the place where it is being operated. 2. Name and address of the partners: The deed also includes the name of the partners in the business. It also includes their address and age. 3. Nature of partnership business. A partnership is a type of business in which two or more person come together with there resources to invest in a common business with the purpose of sharing the profits of the business. 4. Commencement and duration of partnership: The deed also specifies the commencement and duration for which the partnership in valid 5. Partner's capital: The must point in the deed is of capital contribution made by the partners in the firm. 6. Interest on capital: The deed also decides the amount of interest which should be paid on the capital invested in the firm. The tax laws a partnership firm do not recognise distribution by way of interest above 12% pa....