Uma
asked about 3 years ago
CAN LLP RAISE MONEY AS DONATIONS?
0
0
Answer Now
Comment
Report
2 Answers
narahari
answered almost 3 years ago
LLP is a profit based organisation Donations are always for not for profit organisation In order to accept donation you must be registered as Not for profit organisation u/s 8 of the companies act LLP cannot raise money in the form of donation.
Important Note – Preparing for CA Final?
CAKART provides Indias top faculty each subject video classes and lectures – online & in Pen Drive/ DVD – at very cost effective rates. Get video classes from CAKART.in. Quality is much better than local tuition, so results are much better.
Watch Sample Video Now by clicking on the link(s) below –
For any questions Request A Call Back
lochan
answered about 3 years ago
**LLP AND DONATIONS** Hi , LLP is a profit based organisation Donations are always for not for profit organisation In order to accept donation you must be registered as Not for profit organisation u/s 8 of the companies act LLP cannot raise money in the form of donation. It works for profit , Thanks**
