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Form 11 llp

521 views 2 replies

Sushil Choudhary

Intern

21 Points Posted on 23 April 2018

I have a doubt regarding Contribution Received by all the partners - Point 8(d) in FORM 11 Annual Return of LLP.

When i click on pre fill option, in Point 8(c) Total Obligation of Contribution of all Partners Rs. 20,000/- (As per agreement- Rs. 10,000 by each partner) is aumatically filled. The Acutal Contribution by one partner is Rs. 50,000 and Rs 10,000 by the other one. When i type Rs. 60,000 in Point 8(d) i get an error message that the amount cannot exceed the amount in Point 8(c).

My Question is what amount is to be entered then in Point 8(d)?

P.S. This is the 1st year of Business F.Y. 2017-18.

Replies (2)

diksha shetty

22 Points Posted on 23 April 2018

As agreement there contribution amount is inserted... if partners contribution is 50000 and 10000 then there might be increase in contribution which is done by supplementary Agreement.. so check there if contribution is increase

diksha shetty

22 Points Posted on 23 April 2018

contribution of partner is as per agreement and it cannot exceed without supplementary agreement for increasing contribution soo refer supplementary agreement...