Corporate Law : This guide explains LLP registration, eligibility, costs, annual compliance, and the latest 2025-26 changes, including the new Sec...
Company Law : Discover why LLPs convert into Private Limited Companies to attract investors, introduce ESOPs, and access Startup India benefits....
Company Law : The article explains how converting an LLP into a Private Limited Company can enhance credibility, improve governance, and unlock ...
Corporate Law : NCLT approved an LLP merger after finding that the scheme enhanced financial flexibility, operational efficiency, and partner valu...
Corporate Law : A comprehensive guide to LLP Agreement stamp duty across all Indian states and UTs. Learn applicable rates, filing requirements, p...
CA, CS, CMA : ICAI introduces phased applicability for new financial reporting guidance. Larger entities must comply first, followed by all enti...
Company Law : Authorities rejected several name reservation applications because they were phonetically or structurally similar to existing enti...
CA, CS, CMA : The draft policy proposes a detailed scoring framework to empanel CA firms and LLPs for government audits based on capacity, exper...
CA, CS, CMA : ICAI provides a one-year relaxation for two new Guidance Notes on financial statements for non-corporate entities and LLPs, making...
Company Law : The Ministry of Corporate Affairs' C-PACE initiative has reduced the time for voluntary company closures from over 2 years to unde...
Corporate Law : Although the Scheme was sanctioned, the Tribunal clarified that the Income Tax Department remained free to investigate any tax imp...
Income Tax : The tribunal noted that the firm had no business activity and only earned interest income. It held that unexplained income cannot ...
Income Tax : The issue was taxation of LLP partner’s remuneration without applying Sections 28(v) and 40(b). The High Court set aside the ass...
Income Tax : The ITAT Chennai held that ₹1.98 crore received for reduction in profit-sharing ratio in CRCL LLP was not goodwill or taxable in...
Corporate Law : NCLT Ahmedabad held that application under section 7 of the Insolvency and Bankruptcy Code for initiation of Corporate Insolvency ...
Company Law : The issue involved duplication of DIN due to ignorance during incorporation. The authority imposed penalty despite voluntary discl...
Company Law : The MCA has revised the list of Regional Directors authorized for LLP matters under Section 458 of the Companies Act. The amendmen...
Corporate Law : The Central Government has superseded the 2022 notification and reassigned state- and district-wise jurisdiction to specific Regis...
Corporate Law : The Government has deferred the commencement date of a notification issued under the LLP Act. The effective date now shifts from J...
Corporate Law : MCA amended its notification to postpone implementation of the reorganised Registrar of Companies framework for LLPs....
Explore the comprehensive checklist for closing a Limited Liability Partnership (LLP), covering preconditions, documentation, and the step-by-step process for a smooth closure.
Discover the process of online Limited Liability Partnership (LLP) registration in India following the recent amendments. Learn about the requirements, steps, and documents needed for LLP incorporation.
Discover how Madras High Court provides a chance for Tvl. Shriniwas Impex to contest penalty despite lacking E-way bills or lorry receipts. Full text judgment included.
Understand foreign exchange audit: realized and unrealized gains/losses, accounting treatment, examples, and modern technology’s role in accurate accounting
Stay informed about the Registrars notice regarding the striking off of names of 9 Limited Liability Partnerships (LLPs) from the register in Uttarakhand.
Learn about the Registrar of Companies’ notice to strike off 190 LLPs in Karnataka under Section 75 of LLP Act 2008. Details & implications explained.
ITAT Guwahati held that the exemption of 10(26) of the Income Tax Act is available to the individual members of the Scheduled Tribe and the said benefit cannot be extended to a partnership firm.
Discover the process and significance of creating a Supplementary Agreement to the LLP Agreement for a name change as per Section 23(4) of the LLP Act, 2008.
Streamline the admission of a new partner into your LLP with our guide on drafting a board resolution, ensuring compliance with the LLP Act, 2008 and rules.
Learn about the legal compliance requirements for LLPs, including benefits over private limited and partnerships, tax obligations, and filing procedures.
