Tax treatment of LLP
This query is : Resolved
17 May 2009
Dear Sir
How the LLPs are going to be taxed?
How the LLPs are going to be taxed?
17 May 2009
LIKE PARTNERSHIP FIRM
17 May 2009
Not yet clear. We are expecting some changes in Income Tax Laws wrt taxation of LLPs, likely to come in the coming budget of the new govt. But, right now, picture is not clear whether it shall be taxable like partnership firms or companies.
18 May 2009
Agree with Expert Tarun. Things are yet to clarified from the deptt.
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