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of <h1>LLP Partner Contributions Must Be Recorded and Disclosed in Accounts, Including Their Nature, Amount, and Valuation.</h1> The contribution of each partner in a Limited Liability Partnership (LLP) must be recorded and disclosed in the LLP's accounts, detailing the nature and amount of the contribution. Contributions can include tangible, movable, immovable, or intangible property, or other benefits, and must be valued by a practicing Chartered Accountant, Cost Accountant, or an approved valuer from the Central Government's panel.
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