LLP taxation in india

This query is : Resolved 

16 April 2010 how is the llp taxed in india?
Whether LLP is taxed as a whole and the designated partners share is not taxed or the LLP is not taxed and the individual partners are taxed?

please confirm

Ganesh

16 April 2010 The Finance (N0.2) Act,2009 has provided the provisions for taxing LLP'S which are similar to that of taxation of partnership firms.

16 April 2010 agreed same provision as P. firms


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