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May designated partner of llp take remuneration?

LLP 344 views 1 replies

LLP can't pay remunertion to partner because it has only 10 thousand in account. (Newly started LLP -No profit in 2018-19)
May Designated Partner of LLP take Remuneration of 150000? and that remuneration carry forward as loss in next year? Means may I take remuneration of 2018-19 in 2019-20?

Replies (1)
You can show remuneration to partners even if you have not funds to pay. You can add this to their capital account.


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