banner_ad

Declaration of sbo

224 views 1 replies

Deal All,

1. If an individual's shareholding in his individual capacity + as a partner of a firm exceeds 10%, do all the other partners of that partnership firm need to provide BEN-1?

2. Reporting Co.-    A individual  26.08%

                                B individual 26.08%

                                C LLP 46.87%    -    A individual 25.23%

                                                                 B  individual 24.30%

                                                                 C  individual 27.29%

                                                                 D  individual 23.17%

Who will be the SBO in the above example?

Thanks.

Replies (1)
All the partners of the LLP, as per Explanation III


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details