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)?

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..... ners)?
Liberalised Remittance Scheme - As on Apr 06, 2023 - FEMA - FAQ
FEMA
Ans. LLP is a body corporate and has a legal entity separate from its partners. Therefore, if the LLP incurs/sponso .....

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