Will the expenses incurred by an LLP to sponsor the education expense of its partners who are pursuing higher studies for the benefit of the LLP will be outside the LRS limit of such individuals (partners)?

LLP-Sponsored Education Expenses for Partners' Studies Exempt from Individual LRS Limits, Considered Residual Transactions

If an LLP sponsors the education expenses of its partners for higher studies benefiting the LLP, these expenses are considered outside the Liberalised Remittance Scheme (LRS) limit for individual partners. The LLP, as a separate legal entity, treats such expenses as residual current account transactions without limits, not affecting the partners' individual LRS limits.