LLP can't pay remunertion to partner because it has only 10 thousand in account. (Newly started LLP -No profit in 2018-19)
May Designated Partner of LLP take Remuneration of 150000? and that remuneration carry forward as loss in next year? Means may I take remuneration of 2018-19 in 2019-20?
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May designated partner of llp take remuneration?
Replies (1)
You can show remuneration to partners even if you have not funds to pay. You can add this to their capital account.
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