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Q. > Please Help: Limited Liability Partnership
Capital of LLP at the time of formation was Rs. 1,00,000 and now it has increased to 88,00,000 during the year. so shall we pay the stamp duty again and what other formalities will be required to be carried out
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Comments
CA SUNIL K GARG
18-Apr-2015 , 01:00:53 pmYou have to pay maximum stamp duty i.e. Rs5000 for increase the contribution deduct the amount of stamp duty you have already paid for this you have to file form 3 LLP and draft New LLP agreement /or either supplementary deed duly notrized an d attached with the form 3
ANandkuimar
21-Apr-2015 , 12:20:33 pmThank You sir, Sir in Our original LLp agreement we have a clause stating that partners can bring additional capital as per business need. still should be prepare supplementary deed. for file form no.3