Llp balance sheet preparation
This query is : Resolved
24 October 2013
please tell where to transfer profit in balancesheet so that partners can withdraw their share??
24 October 2013
to their respective capital or current accounts as the case may be.
Message likes :
1 times
26 October 2013
please tell where to show it in LLP balance sheet(standard format)
26 October 2013
Partners’ funds:
(b) Reserves and surplus (Surplus being
the profit/loss made during the year)
Partners’ funds:
(b) Reserves and surplus (Surplus being
the profit/loss made during the year)
Message likes :
1 times
26 October 2013
sir please tell is there any tax on distribution of profit in llp?
26 October 2013
No. Not tax on distribution of income.
26 October 2013
you are welcome
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- GSTR-1A How to update Invoice
- Excess salary payment.
- INTEREST APPLICABLE ON ITC REVERSAL PORTION
- TDS on Purchase of Immovable Property by NRI from NRI
- Capital gain from sale of house property
- Stamp Paper for partnership firm change new income tax 2025
- Current Account Opening for Sole Proprietorship with Udyam Certificate - Zero Turnover
- SFT Cash Deposit in Current Account
- FORM 26A APPLICABILITY
- Value of property in capital gain
- GST Treatment of Insurance Commission for Existing GST Holder
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
- Address Change to another state of a Registered Trust with 12AB approval
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
