I’m planning to set up an LLP with a friend, and we’re contributing Rs. 1,20,000. What’s the stamp duty we need to pay for the LLP agreement? Also, when should we date the agreement? Our LLP was incorporated on 20th January 2017.

Stamp duty for an LLP agreement varies based on the state where it’s registered. You’ll need to check the specific rates for your state. Since your LLP was incorporated on January 20, 2017, you should date the agreement on or before that date to avoid penalties.