LLP taxation in india
This query is : Resolved
16 April 2010
how is the llp taxed in india?
Whether LLP is taxed as a whole and the designated partners share is not taxed or the LLP is not taxed and the individual partners are taxed?
please confirm
Ganesh
Whether LLP is taxed as a whole and the designated partners share is not taxed or the LLP is not taxed and the individual partners are taxed?
please confirm
Ganesh
16 April 2010
The Finance (N0.2) Act,2009 has provided the provisions for taxing LLP'S which are similar to that of taxation of partnership firms.
16 April 2010
agreed same provision as P. firms
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