Conversion of Limited Company into LLP

Manpreet (Finance) (68 Points)

23 March 2024  

Dear All,

We want to convert a private limited company into LLP and one of the requirement if turnover should be less than 60lakhs in any of the three proceeding years.

Is the interest on FD / mutual funds to be included in turnover/gross receipts of Rs. 60 lakhs for this.

Thanks in Advance.