Corporate Law : Learn who must file LLP annual returns in India and how to do it. Understand filing requirements, deadlines for Forms 11 and 8, an...
Corporate Law : Striking off an LLP dissolves it, but future claims may arise. It applies to LLPs inactive for 1+ years, with an Indemnity Bond en...
Corporate Law : Businesses opting for LLP registration in India benefit from lower compliance burdens, tax advantages, and an easier business setu...
Corporate Law : Avoid common LLP registration mistakes like invalid names, documentation errors, and compliance issues for a smooth registration p...
Company Law : Understand the process and requirements for converting an unlisted public company into an LLP, including necessary filings and doc...
Company Law : NFRA inspection of PwC firms (PWCA & PW& Co CA) reveals deficiencies in related party transaction verification and documentation, ...
CA, CS, CMA : ICAI releases 2024 guidelines for CA firm and LLP aggregation, enabling better collaboration and operational efficiency. Learn abo...
Company Law : The Ministry of Corporate Affairs monitors C-PACE’s efficiency in processing corporate and LLP strike-offs, improving processing...
Company Law : MCA enhances compliance and ease of doing business with decriminalization of 63 offences, faster company strike-offs, and streamli...
Corporate Law : NFRA recommends 40 Auditing Standards for LLPs under the LLP (Amendment) Act 2021, effective from April 2026, for approval by the ...
Income Tax : ITAT Mumbai held that where two houses joint together constitutes a single unit for residence, then exemption under section 54F of...
Goods and Services Tax : Discover how Madras High Court provides a chance for Tvl. Shriniwas Impex to contest penalty despite lacking E-way bills or lorry ...
Income Tax : ITAT Guwahati held that the exemption of 10(26) of the Income Tax Act is available to the individual members of the Scheduled Trib...
Corporate Law : Explore the Kerala High Courts judgment on Jeny Thankachans plea, challenging the precedence of the Insolvency and Bankruptcy Code...
Goods and Services Tax : In re AS&D Enterprise LLP (GST AAR Haryana) In general terms, an LLP is a viewed as an alternate corporate business model that...
Corporate Law : Arles Maxent Associates LLP and its designated partners fined ₹1.5 lakh by Chennai ROC for violating Section 13 of the LLP Act,...
CA, CS, CMA : Learn about ICAI's Aggregation of LLPs Guidelines 2024, detailing eligibility, governance, registration, and compliance for LLPs w...
Company Law : NFRA penalizes BSR & Associates LLP ₹10 crores for audit lapses in Coffee Day Enterprises audit. Partners face fines and debarme...
Corporate Law : Discover the latest amendments to LLP Rules by the MCA, effective from August 27, 2024. Learn about the new role of the Centre for...
Corporate Law : Registrar of Companies Andhra Pradesh issues notice for removal of 93 LLP names from the register. Learn more about the notice and...
Learn about the common mistakes made by companies and professionals in handling capital account transactions under FEMA (Foreign Exchange Management Act). Avoid non-compliance penalties by understanding the compliance guidelines for Foreign Direct Investment (FDI), Overseas Direct Investment (ODI), and External Commercial Borrowing (ECB) in India.
An in-depth comparison of different business structures in India – Private Company, Limited Liability Partnership, Liaison Office, and Branch Office. Discover the key differences to make informed decisions.
Get well-versed with Limited Liability Partnership (LLP) annual filing and compliance guidelines, explore the crucial e-filing process and necessary compliance forms to maintain your LLP’s regulatory standing.
Learn how small business owners can benefit from the presumptive taxation scheme under Section 44AD. Find out the eligibility criteria, calculation method, and advantages of this scheme. Discover how it can simplify tax compliance for small businesses.
In present facts of the case, the Hon’ble Bombay High Court have held that Section 27 (3) expressly states that an obligation of a limited liability partnership, whether arising in contract or otherwise, shall be solely the obligation of the limited liability partnership.
As we know that in partnership firm there is unlimited liability of every partner, and this may cause conflicts among them. Also, the firm have few numbers of member/partner and due to that more investment will not be there arises financial deficiency. These are the limitations of a partnership firm.
Discover the advantages of converting a company into a Limited Liability Partnership (LLP) in India. Learn about the legal framework, prerequisites, and the step-by-step process for conversion. Explore the tax advantages, simplified compliance, and the conditions for transferring assets and liabilities.
Learn about different types of business structures including sole proprietorship, partnership, LLP, private limited company, and Section 8 company, and discover how to choose the right structure that aligns with your startup’s goals and vision.
Article contains FAQs On Nature Of Limited Liability Partnership (LLP), Applicability Of The LLP Act, Partners And Designated Partners, LLP Agreement, Registration, Change In Partners, Partners’ Contribution And Transactions Of Partners With LLP, Liability Of Partners, Disclosure, Audit And Filing Requirements, Investigation Of Affairs Of LLPs And Role Of Government To Check Unscrupulous LLPs Etc., Taxation,
Comprehensive guide on how to incorporate a Limited Liability Partnership (LLP), converting existing businesses into an LLP, and key responsibilities of an LLP partner.
