Regarding merging

Is there any income tax liability to the partners while merging a llp with private limited company

Replies (6)
In -Both have -Partners Liability is Limited.
Yes tax liability will arise

will you suggest any article/videos/online classes regarding the same.

LLP is also in Pvt Ltd -Entity with Firms and Companies Merits.

https://youtu.be/l0kGpL1SdZM

Thanks balamurali

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