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What is the Status of a Foreign LLP under Income tax


Rakesh Bharadwaj

2014-04-25

What is the Status of a Foreign LLP under Income tax Act ? What are the rates of tax ?

CA Pulkit Sharma

2014-04-25

As per definition contained in Income Tax Act, Company includes any body incorporate registered outside the India.

Since LLP is a seperate body, it will covered under this point.

Foreign LLP will be treated as Company as per income tax act 1961.

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