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Jul 5, 2021 · Every Limited Liability Partnership shall use the words “Limited Liability Partnership” or its acronym “LLP” as the last words of its name. An LLP is a result of an agreement between the partners, and the mutual rights and duties of partners of an LLP are determined by the said agreement subject to the provisions of the LLP Act, 2008.
May 29, 2023 · This LLP agreement is required to be filed with the Registrar. It has been provided under Section 23 – Save as otherwise provided by this Act, the mutual rights and duties of the partners of a limited liability partnership, and the mutual rights and duties of a limited liability partnership and its partners, shall be governed by the limited liability partnership agreement between the ...
The Business Code / Profession Code list below is required to be filled in Spice+ Part B during company registration and the LLP Fillip Form during LLP registration.
India, officially the Republic of India (ISO: Bhārat Gaṇarājya), [21] is a country in South Asia.It is the seventh-largest country by area; the most populous country from June 2023 [22] [23] and from the time of its independence in 1947, the world's most populous democracy.
A limited liability partnership (LLP) is a partnership in which some or all partners (depending on the jurisdiction) have limited liabilities.It therefore can exhibit aspects of both partnerships and corporations.
If cash transactions are up to 5% of total gross receipts and payments, the threshold limit of turnover for tax audit is Rs.10 crores (w.e.f. FY 2020-21) Carrying on business eligible for presumptive taxation under Section 44AE, 44BB or 44BBB and opted for the same in previous year
Jul 12, 2022 · Small Limited Liability Partnership-Definition The Amendment Act, has distinctly defined a Small Limited Liability partnership to denote any LLP: i. the Contribution of which, does not exceed twenty-five lakh rupees (Rs. 25,00,000) or such higher amount, not exceeding five crore rupees , as may be prescribed; and
