Easy Office
LCI Learning

Llp balance sheet preparation

This query is : Resolved 
Profile Image

Profile Image

(Querist)
24 October 2013 please tell where to transfer profit in balancesheet so that partners can withdraw their share??
Profile Image

Nikhil Kaushik

Profile Image

Nikhil Kaushik (Expert)
24 October 2013 to their respective capital or current accounts as the case may be.
Profile Image

kunal

Profile Image

kunal (Querist)
26 October 2013 please tell where to show it in LLP balance sheet(standard format)
Upgrade to CAclubindia Pro. Subscribe Now!

Profile Image

Nikhil Kaushik

Profile Image

Nikhil Kaushik (Expert)
26 October 2013
Partners’ funds:
(b) Reserves and surplus (Surplus being
the profit/loss made during the year)
Profile Image

kunal

Profile Image

kunal (Querist)
26 October 2013 sir please tell is there any tax on distribution of profit in llp?
Profile Image

Nikhil Kaushik

Profile Image

Nikhil Kaushik (Expert)
26 October 2013 No. Not tax on distribution of income.
Profile Image

kunal

Profile Image

kunal (Querist)
26 October 2013 thank you sir
Profile Image

Nikhil Kaushik

Profile Image

Nikhil Kaushik (Expert)
26 October 2013 you are welcome
Upgrade to CAclubindia Pro. Subscribe Now!


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro
Live Budget News and Updates

Trending Online Classes

view all classess
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
Click here for more bestsellers


Answer Query



Quick Links