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Limited Liability Partnership Act

Conversion of Company into LLP – Taxation involved?

The following would not be recognized as ‘transfer’, and thus, no capital gain to be arise on the same: -Any transfer of an intangible asset or capital asset by a PVT. company or unlisted public company to a LLP. -Any transfer of a share held in the company by a shareholder as a result of conversion of the company into a LLP as per the Limited Liability Partnership Act, 2008-… Read More »Conversion of Company into LLP – Taxation involved?