Q84
As a general rule, by virtue of section 13 of the Indian Partnership Act, 1932
A.
Partner is not entitled to interest on the capital subscribed by him
AnswerB.
Partner is not entitled to interest on the advance made over and above the share of capital
C.
Both (A) and (B)
D.
Neither (A) nor (B)
Answer: Option A
Solution
Answer: Option A
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