Regarding llp_ urgent
This query is : Resolved
09 January 2012
it is Compulsory to transfer the profit after tax of the LLP to "General Reserve A/c:" or we can devide the same to the Partners Current A/c, so that partners can withdraw the profit later on. If it is transferred to general Reserve, then it cannot be withdrawn seprately by the partners.
Pl Confirm.
Pl Confirm.
09 January 2012
it would be as per LLP deed
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