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LLP capital contribution


MANDAR SATISH AWATI (STUDENT)     28 September 2020

MANDAR SATISH AWATI
STUDENT 
 40 points

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Can LLP (Limited Liability Partnership) made capital contribution in cash???

avater

Ajnas (Student)     29 September 2020

Ajnas
Student 
 14 likes  227 points

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Yes......

avater

MANDAR SATISH AWATI (STUDENT)     29 September 2020

MANDAR SATISH AWATI
STUDENT 
 40 points

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Are you sure sir??. can you please give me section Or Notification about it?

avater

Ajnas (Student)     29 September 2020

Ajnas
Student 
 14 likes  227 points

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Yes, please ensure the complaince of Section 269ST is applicable, a partner of the firm can contribute only up to “less than Rs. 2 lakhs” in cash etc. modes in a single day. that is the restriction but thers is no other problem,


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