I am planning to incorporate an LLP in Gujarat to operate three distinct, non-related business verticals: a Travel Agency, a Cloud Kitchen, and an E-commerce business (Selling products on Amazon/Flipkart). All three will be managed by the same partners under a single parent entity.
My accounting firm has advised that it is not legally possible to run such non-related businesses under one LLP and recommends incorporating three separate LLPs instead.
I need clarification on the following:
1. Is there any specific provision in the LLP Act, 2008 that prohibits a single LLP from carrying out multiple unrelated business activities if they are all explicitly mentioned in the Object Clause of the LLP Agreement? [1, 2]
2. If I include all three activities in the 'Main Objects,' will the MCA (Ministry of Corporate Affairs) typically reject the incorporation for lack of interrelation? [1]
3. Operationally, can I use a single PAN to obtain multiple GST registrations (different vertical-based GSTINs) for these distinct activities under one LLP? [1]

Hi,

i downloaded capital gain statement...in that therez one equity derivative and equity (STT paid) sheet...do i have to mention derivative amount anywhere in ITR??

I am preparing ITR for Housing society, i have the following question..
The society Have only Maintenance charges receipt and having deficit of 20k. i have shown the receipt and expenses in p&l section in ITR5.. for the deficit of 20k, where can i show this in ITR?. .. i am using genius software

One of My client is NRI and she just started working as an Insurance advisor.
So we have to file income tax return same as we file RI.
Same format Profit & loss and balance sheet.
can claim expenses ?
anything particular thing to make sure before filling.

Sir,

While filing correction statement for the Fy 2025-26 Qtr-4 getting below error please guide on this we have re-register the dsc and also tried to file even though we getting the error


Error: "Please sign using registered signature"

Dear Sir,
I have paid Rent of Rs.60000 & Rs.40000 to land lord. I deducted Rs.6000 tds on rent of Rs.60000 but TDS not deducted on Rsnt of Ra.40,000 FY 26-27.
Should I mention in TDS return Rent of Rs.40,000 with NIL tax or I shall mention only Rs.60000 with TDS Rs.6000

Hello Sir/Ma'am
Good Morning
It's very nice to see how this forum helps us to understand various sectors and services.
My daughter has been associated with a small firm for the last one year.
Her salary package is anyhow not in income tax net ie., not taxable.
Her employer also not deducted any TDS during last FY ie., 2025-26.
But, a small portion of FD interest is reflected in AIS / TIS as 'Income from other sources'
The 26AS is completely blank ie., with No figures.
Now, please advise me whether she needs to file ITR (1) (even a NIL return) in this scenario.
She hasn't filed any IT returns so far.
Thanks and look forward to hear from you.

An Indian citizen purchased a (Immovable Property) Long term asset Land and Building for Rs2,0000000 from NRI Resident of USA, The buyer deducted Tax at Source at 12.5%+Surcharge+ E.Cess applicable, While Filing TDS return, which act I should select
1.Income Tax Act or DTAA
2.Nature of remittance is
Long term capital gain referred to in sec 214 Table in sl 2 or
Long Term Capital gain referred to in sec 214 Table 1
Pl guide

Hi sir or madam.
I have my 63lakhs business receipts in ais more than my GST turnover 53 lakhs
Now which amount should I mention in ITR??
Kindly help

Dear Sir,
When I upload ITR-3 filed offline and upload json file message shows category of defect B/D- you will allow to upload return the possible defect in return or some deduction may be not allowed.
error description is if you required prepare / maintain book of ac and dividend income reported in pnl please ensure consitentency between amoumt of divdend reduce in such.BP and divedend in such.os, please ignore if not applicable.
for your information I have not reduce dividend in such.BP so what happend about it,, I have not taxable income.