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of <h1>Audit Fees for LLP Winding Up: Calculated on Gross Credits, Excluding Certain Deductions, as per LLP Rules 2012.</h1> Audit fees for a Limited Liability Partnership (LLP) during winding up are calculated on the gross amount credited, including unrealized partner contributions, interest on investments, and property rents. Deductions include expenses for business operations and payments to secured creditors, excluding debenture holders. The audit fee is set at 0.5% of the credited amount and disbursements, with a minimum of 2,500 and a maximum of 25,000 annually. The fee may vary by 25% at the discretion of the Member or Tribunal, with reasons documented in writing, as per the Limited Liability Partnership (Winding up and Dissolution) Rules, 2012.
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