Taxability of llp
This query is : Resolved
17 May 2012
Dear All,
Please let me know how the income of LLP is assessed.
Thanks
Ramesh
Please let me know how the income of LLP is assessed.
Thanks
Ramesh
17 May 2012
Dear Ramesh,
The income of LLP is assessed like a company only. The directors salary would be as mentioned in the agreement. MAT also applicable.
The income of LLP is assessed like a company only. The directors salary would be as mentioned in the agreement. MAT also applicable.
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