Return
sreenivas (student) (46 Points)
24 December 2015sreenivas (student) (46 Points)
24 December 2015
Nikhil Kaushik
(Fellow CA)
(85761 Points)
Replied 24 December 2015
yes. you are required to file two separate returns....
Nikhil Kaushik
(Fellow CA)
(85761 Points)
Replied 24 December 2015
yes. you are required to file two separate returns....
CA Prateek Garg
(CA in Practice)
(1447 Points)
Replied 24 December 2015
Yes, you are correct sreenivas
Income upto the date of transfer is taxable in the hands of Individual or Company. Income after the date of transfer is taxable as income of LLP.
Hence 2 separate returns are required to be filed.
Ankit Taprania
(CA FINAL )
(542 Points)
Replied 24 December 2015
yes. two separate returns are filed.