conversion of business inindia call @ +919716823518 A Partnership ...More
conversion of business inindia call @ +919716823518 A Partnershipfirm, Private Company andUnlisted Public Companycan convert themselvesinto LLP.
On conversion,these entities can availvariousbenefits:
â€¢ Taxexemption in the hands ofthePartners.
â€¢ Tax treatment to LLPswill be like ordinaryPartnership firms underthe Indian PartnershipAct,1932.
â€¢ Nopartner is liable onaccount of un-authorizedacts or misconduct ofother par Less
conversion of business in india call @ +91 9716823518 A Partnership firm, Private Company and Unlisted Public Company can convert themselves into LLP.
On conversion, these entities can avail various benefits:
â€¢ Tax exemption in the hands of the Partners.
â€¢ Tax treatment to LLPs will be like ordinary Partnership firms under the Indian Partnership Act, 1932.
â€¢ No partner is liable on account of un-authorized acts or misconduct of other par