Exclusive HOLI Discounts!
Get Courses and Combos at Upto 50% OFF!
Upgrad
LCI Learning

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Rishiraj Jadhav   28 October 2021

Can a llp transfer profits to foreign partners mid year

While we are aware Profit can be transferred to the partners basis the audited financials of the LLP. 
Can a LLP transfer the profits for the mid year for unaudited profit amount generated say from April'21 to Sept'21. If yes, plz share details on the process if different. Thank you.



Learning

 1 Replies

Rama chary Rachakonda (Secunderabad/Highcourt practice watsapp no.9989324294 )     28 October 2021

board of directors resolution is to be passed for distribution of profits


Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register