Meaning of 'Contribution' for Audit of LLP
This query is : Resolved
06 July 2023
LLP has to get its books of account audited if contribution from partners exceeds Rs. 25 Lakh or Turnover exceeds Rs. 40 Lakh. Whether this 'Contribution' includes Current Capital also ?
06 July 2023
Yes, the contribution include current capital.
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