Can LLP Take Loan From Outsiders A Limited Liability Partnership (LLP) is a relatively recent business structure that combines the benefits of both partnerships and companies. It offers the flexibility of a partnership while providing the limited liability protection of a company. One of the key concerns for LLPs, especially for those looking to… Read More »
Tax Planning Fees Deductible Tax planning feesmay be deductible as a business expense if they are incurred for the purpose of managing and minimizing your tax liability. However, the deductibility of tax planning depends on the tax laws and regulations of your jurisdiction. In general, tax fees that are directly related to the determination,… Read More »
Tax professional Website link Tax professional Several professionals can help with tax planning. Here are a few options: Tax Consultants: Tax consultants specialize in tax matters and can provide guidance and advice on tax planning strategies tailored to your specific situation. They can help you identify deductions, credits, and other tax-saving opportunities. For more information… Read More »
Income tax relief under 80GG Income Tax relief under 80GG, It’s individuals who do not receive House Rent Allowance (HRA) from their employer but still pay rent for their accommodation. This provision applies to self-employed individuals, salaried employees, and professionals. To qualify for the Income tax exemption under Section 80GG, the following criteria… Read More »