Is there any income tax liability to the partners while merging a llp with private limited company
6 Replies
Balamurali Unnithan MS
(STUDENT)
(1631 Points)
Replied 14 July 2021
In -Both have -Partners Liability is Limited.
CA. Sourav Sarkar
(Chartered Accountant )
(24583 Points)
Replied 14 July 2021
Yes tax liability will arise
SHYAM KRISHNAN K
(i)
(242 Points)
Replied 14 July 2021
will you suggest any article/videos/online classes regarding the same.
Balamurali Unnithan MS
(STUDENT)
(1631 Points)
Replied 14 July 2021
LLP is also in Pvt Ltd -Entity with Firms and Companies Merits.
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