Itr forms
This query is : Resolved
17 June 2019
I am a partner in LLP that has profits.
I am having long term capital gains.
Which form should be used for LLP and which form for personal
I am having long term capital gains.
Which form should be used for LLP and which form for personal
17 June 2019
can someone help me understand few things.
Is it mandatory for partners to receive interest from LLP on amounts spent for running of business?
I have LTCG of 45 L. If my share of profits exceed 10 L from LLP, will I have to pay 10% surcharge as it exceed 50L or is the profit from LLP doesnt count towards the limit of 50L for surcharge?
If so any way I can avoid this surcharge by not taking profits this year and pushing to next year as this high LTCG is only for this year
Is it mandatory for partners to receive interest from LLP on amounts spent for running of business?
I have LTCG of 45 L. If my share of profits exceed 10 L from LLP, will I have to pay 10% surcharge as it exceed 50L or is the profit from LLP doesnt count towards the limit of 50L for surcharge?
If so any way I can avoid this surcharge by not taking profits this year and pushing to next year as this high LTCG is only for this year
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- ITR 2 Short Term gain & Long term gain
- Reporting Income under Section 44ADA
- Itr 1 processing
- Off Market debit and credit transaction
- Showing Gift from relative in ITR for this year
- ITR validation error - Balance sheet is not filled
- ITR 1: Details for showing Exempt Income
- ITR selection for salaries and capital gain less than L
- Share accounting-->fifo - capital gain - period as per fifo?
- Form 10E u/s 89(1). Need clarification because experts opinions differ !!!!
- Query regarding TDS on EPFO Higher Pension Arrears*
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
