Table of Contents:
·
1. Taxation of Limited Liability Partnership (LLP)
·
2. [Section 140]- Signing of Income-Tax
Return of LLP:
·
3. [Section 167C]- Recovery of Tax of LLP:
o
(6) [Section 49(1)]- Cost of capital asset to LLP shall
be the cost to be previous owner
§
Section 42 of the Limited Liability Partnership Act, 2008
provides as under:
o
(A) [Section 115JEE(1)]- To whom Alternate
Minimum Tax (AMT) shall be applicable
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