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LLP can increase their contribution anytime by obtaining partners consent. Buy this plan and our Tax Experts will guide you through the process.
LLPs who wish to increase their Capital Contribution
Contribution can be changed in the following situations: -
Yes, you are required to pay the stamp duty on the increased contribution, per the prescribed stamp act of the relevant state.
You are required to file Form 3 in case of increased contribution in LLP.
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