04 September 2009
I wanted the following differences between an LLP and a PVT. LTD. under the foll heads.... its reqd urgently pls...
1. CARRY FORWARD OF LOSS (how many yrs..) 2. EFFECTIVE TAX RATE(basic+ec+shec) 3. MAT(rate and carry forward period) 4. CG ON TRANSFER of assets(at what rates)
06 September 2009
1. Same 2. LLP - 30+3% = 30.9 co. if income above 1 cr = 33.99, less then 30.9 3. MAT only for co. @ 15% of book profit computed u/s 115JB 4. Like any other transfer. No seperate provision