profit and loss suspense a/c on the liabilities side of balance sheet is profit right?

Swarnima, as you know in case of death of a partner Profit and Loss Suspense Account is prepared to given his/her share of profit or loss in the firm (till the date of death of a partner).
However, when share of profit is credited to deceased partner's capital account through Profit and Loss Suspense A/c, then same is shown on the Assets side of the Balance Sheet. 
But when â€‹share of loss is is debited to deceased partner's capital account through Profit and Loss Suspense A/c, then same is shown on the Liabilities side of the Balance Sheet. 

I hope this will help you. 

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it is a liability to repay
to
the deceased partner
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