Hello
Is there any cap on the amount of contribution by a partner in LLP?
contribution
amount
Dear Members,
We have planned to distribute educational equipment to underprivileged students studying in various levels.
The equipment purchase including GST ?
How do we treat the CST Contribution for Compliance ?
1. Purchase materials including GST and should not claim GST input
Ex:- CST Contribution is Rs. 1 Lakh
purchase material worth Rs. 1 Lakh (including GST 18,000/-)
or
2. Purchase the materials to the extent of Rs. 1 Lakh and pay GST 18% GST and total payout Rs. 1,18,000/-
Payout Rs. 1,18,000/- and claim 18,000/- the input tax credit ?
Which is the best practice of compliance ??
contribution
under
purchased
goods
treatment
Dear Members,
We have planned to distribute educational equipment to underprivileged students studying in various levels.
The equipment purchase including GST ?
How do we treat the CST Contribution for Compliance ?
1. Purchase materials including GST and should not claim GST input
Ex:- CST Contribution is Rs. 1 Lakh
purchase material worth Rs. 1 Lakh (including GST 18,000/-)
or
2. Purchase the materials to the extent of Rs. 1 Lakh and pay GST 18% GST and total payout Rs. 1,18,000/-
Payout Rs. 1,18,000/- and claim 18,000/- the input tax credit ?
Which is the best practice of compliance ??
contribution
under
purchased
goods
treatment
Dear Members,
We have planned to distribute educational equipment to underprivileged students studying in various levels.
The equipment purchase including GST ?
How do we treat the CST Contribution for Compliance ?
1. Purchase materials including GST and should not claim GST input
Ex:- CST Contribution is Rs. 1 Lakh
Purchase material worth Rs. 1 Lakh (including GST 18,000/-)
or
2. Purchase the materials to the extent of Rs. 1 Lakh and pay GST 18% GST and total payout Rs. 1,18,000/-
Payout Rs. 1,18,000/- and claim 18,000/- the input tax credit ?
Which is the best practice of compliance ?
contribution
under
purchased
goods
treatment
Hi,
Can the contribution of the llp be transferred by the designated partner?
contribution
Hi,
1. Is there any time limit for bringing in the capital contribution by the partner of the LLP?
2. Will it be considered an offense if partner of LLP hasn't bring in the capital contribution mentioned in LLP agreement.
contribution
capital
query
Dear All,
There are three partners in a LLP.
It is agreed that one of the partners will not bring in any capital.
However while uploading Form 3 , it does not allow the contribution to be NIL. How to solve this issue?
contribution
partner
Dear Members
Please clarify following:
Can a partnership be formed with one of partner with zero or with Contribution of Rs. 1 and if yes can he be shared 30% of profit in partnership?
sharing
partnership
profit
contribution
capital
query
Dear Members ,
Request you to kindly share LLP agreement for change in capital contribution by partners
Thank you
contribution
capital
change
agreement
Dear Members
Pls clarify on the Contribution amount to be shown in Form 17 and FILLIP for LLP converting from Partnership firm .
Is the existing partners capital shown in the latest balance sheet would be the total contribution ?
contribution
Can foreign contribution be received in and utilised from multiple Bank Accounts?
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foreign
Mr x is a chairman of a listed company. He is also a director in a company Ltd by guarantee. In such a scenario can the listed company do CSR contribution to company Ltd by guarantee?? Whether related party transactions are applicable or not?? I mean do we need approval of audit committee??
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contribution
