https://www.taxtmi.com/acts?id=11213 Partner contributions to an LLP must be accounted for and disclosed in the LLP's accounts with the nature of contribution and amount. Contributions in kind-tangible movable or immovable property, intangible property, benefits, or service contracts-must be valued. Valuation must be undertaken by a practising Chartered Accountant, a practising Cost Accountant, or an approved valuer from the Central Government panel. en-us Fri, 18 Sep 2009 16:24:40 +0530 Mon, 01 Jul 2024 16:35:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=11213 Partner contributions to an LLP must be accounted for and disclosed in the LLP's accounts with the nature of contribution and amount. Contributions in kind-tangible movable or immovable property, intangible property, benefits, or service contracts-must be valued. Valuation must be undertaken by a practising Chartered Accountant, a practising Cost Accountant, or an approved valuer from the Central Government panel. Act-Rules LLP Fri, 18 Sep 2009 16:24:40 +0530 https://www.taxtmi.com/acts?id=11213