Tag Archives: #LLPtaxregime

How is LLP taxed in India ?

Limited Liability Partnership means

LLP taxed in India   LLP taxed in India: In the specific context of India, LLPs adopt an exceptional independent status for taxation purposes, preserving a distinct and separate identity from their partners. The taxation of LLPs in India come under the provisions of the Income Tax Act, 1961. Here are the key points regarding… Read More »

When is an LLP not tax transparent ?

LLP Taxation

When is an LLP not tax transparent   Limited Liability Partnerships (LLPs) are a popular business structure due to their flexibility and the protection they offer to partners. One of the key benefits of an LLP is its tax transparency, where profits are taxed at the partner level rather than the entity level. However, there… Read More »