Tax treatment of LLP
This query is : Resolved
Rishi Vyas
(Querist)
17 May 2009
Dear Sir
How the LLPs are going to be taxed?
How the LLPs are going to be taxed?
Ca Anand Dubey
(Expert)
17 May 2009
LIKE PARTNERSHIP FIRM
CA.Tarun Maheshwari
(Expert)
17 May 2009
Not yet clear. We are expecting some changes in Income Tax Laws wrt taxation of LLPs, likely to come in the coming budget of the new govt. But, right now, picture is not clear whether it shall be taxable like partnership firms or companies.
Ankur Garg
(Expert)
18 May 2009
Agree with Expert Tarun. Things are yet to clarified from the deptt.
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