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Can a partner be exempted from sharing the losses in a firm? If yes, under what circumstances?

Anurag Pathak
April 9, 2023
[CBSE] Fundamentals of Partnership Firm, Accountancy Class 12th

836 viewsApril 9, 2023[CBSE] Fundamentals of Partnership Firm Accountancy Class 12th

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Anurag Pathak28.60K April 9, 2023 0 Comments

Can a partner be exempted from sharing the losses in a firm? If yes, under what circumstances?

Anurag Pathak Changed status to publish April 9, 2023

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Anurag Pathak28.60K Posted April 9, 2023 0 Comments

Answer:-

Yes, if the Partnership Deed so provides.

Anurag Pathak Changed status to publish April 9, 2023

Anurag Pathak

Anurag Pathak is an academic teacher. He has been teaching Accountancy and Economics for CBSE students for the last 18 years. In his guidance, thousands of students have secured good marks in their board exams and legacy is still going on. You can subscribe his youtube channel and can download the Android & ios app for free lectures.