LLP Contribution

Rajesh Goyal (CA) (122 Points)

19 January 2021  

One LLP was formed in 19-20 with capital of Rs. 20 lakhs as per agreement with 4 partner's contributing 5 lakhs each.

Now the LLP did no business in 19-20 and only 1 partner contributed Rs. 1 lakh in the LLP and rest gave no capital.

How to finalise account's for 19-20.