Question

In the absence of partnership deed, partners are not entitled to get

• A. Salaries
• B. Commission
• C. Interest on capital
• D. All of these

Hint:

In the absence of a partnership deed, only profit sharing in equal ratio is allowed; no extra benefits like salary, commission, or interest are granted.

Answer 1

The Correct Option is D

Step 1: Concept of Partnership Act.
According to the Indian Partnership Act, 1932, when there is no partnership deed, certain default rules are applicable. These default provisions clearly state what partners are entitled to and what they are not.
Step 2: Entitlements under absence of deed.
- Partners are not entitled to receive any salary.
- Partners are not entitled to receive any commission.
- Partners are not entitled to receive any interest on capital invested.
Step 3: Justification.
The reason is that in the absence of a deed, the law assumes equal partnership and avoids granting extra benefits unless specifically agreed.
Step 4: Conclude.
Hence, partners are not entitled to get salaries, commission, or interest on capital — that means “All of these”.
Final Answer: \[ \boxed{\text{All of these}} \]