In case exemption u/s 47 for conversion of company to llp is withdrawn u/s 47A,
in whose hands it will be taxable
- LLP
- shareholders of earlier co..
- as the case may be... (what basis)
Thanks
Roopali Kadam
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Company to llp
Replies (2)
Any one???
Capital assets or Intangible assets would be taxed in the hands of LLP and shares shall be taxed in the hands of shareholders of the company.
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