Taxation of LLP
This query is : Resolved
22 March 2021
Hello All
How the taxability be done of LLP business.. can the LLP firm pay taxes as the company does.
Pl guide.
Regards
How the taxability be done of LLP business.. can the LLP firm pay taxes as the company does.
Pl guide.
Regards
22 March 2021
The Rate of tax applicable to LLP is flat 30%. For income tax purpose, LLP is treated at par with partnership firms.
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