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 If it is transferred to general Reserve, then it cannot be withdrawn seprately by the partners.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.


09 January 2012 it would be as per LLP deed



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