Tag Archives: #LLPtaxstatus

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 »

LLP ITR filing requirements: LLP to file which ITR ?

LLP act 2008 implemented

LLP ITR filing requirements   Limited Liability Partnerships (LLPs) have gained popularity as a flexible and advantageous business structure for entrepreneurs and small businesses. However, like any other business entity, LLPs are subject to certain income tax filing requirements imposed by the tax authorities. Let’s explore this topic to understand the intricacies of LLP ITR… Read More »