Limited Liability Partnership Agreement India

If the firm is a Sole Proprietorship Firm, then one will have to report all small business earnings or losses on its private revenue tax return. Digital Signature Certificate(DSC) and Designated Companion Identification Number(DPIN) is expected for the proposed Partners of the LLP.Interestingly, LLP is various from the concept of restricted partnership. In case of LLP, working Partners of LLP may get the return in type of remuneration, which is allowable up to certain limit as prescribed below the Revenue Tax Act. Another exception, doable considering the fact

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