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	<title>My Tax Form Info &#187; United Kingdom</title>
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		<title>Limited Liability Partnership – An Overview &#8211; III</title>
		<link>http://www.mytaxform.info/2008/09/limited-liability-partnership-%e2%80%93-an-overview-iii/</link>
		<comments>http://www.mytaxform.info/2008/09/limited-liability-partnership-%e2%80%93-an-overview-iii/#comments</comments>
		<pubDate>Sun, 28 Sep 2008 05:45:48 +0000</pubDate>
		<dc:creator>Harshal</dc:creator>
				<category><![CDATA[Company Law]]></category>
		<category><![CDATA[accrual basis]]></category>
		<category><![CDATA[annual return]]></category>
		<category><![CDATA[Central Government]]></category>
		<category><![CDATA[Company]]></category>
		<category><![CDATA[double entry]]></category>
		<category><![CDATA[Income Tax on LLP]]></category>
		<category><![CDATA[J.J. Irani Expert Committee]]></category>
		<category><![CDATA[Limited Liability]]></category>
		<category><![CDATA[Limited Liability Partnership Act 2000]]></category>
		<category><![CDATA[LLP]]></category>
		<category><![CDATA[Naresh Chandra Committee]]></category>
		<category><![CDATA[Registered Office]]></category>
		<category><![CDATA[Statement of Accounts]]></category>
		<category><![CDATA[U.K. LLP Act (2000)]]></category>
		<category><![CDATA[Uniform Partnership Act (UPA)]]></category>
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		<category><![CDATA[What is LLP?]]></category>

		<guid isPermaLink="false">http://www.mytaxform.info/?p=96</guid>
		<description><![CDATA[(..cont.)
How LLP would be taxed?
The aspect of tax treatment of LLP is not clear. The bill tabled in Rajyasabha on 15th Dec. 2006 states that a LLP will be treated as a firm as defined under Income Tax Act 1961. This means that a LLP shall be liable to tax on profits after charging interest [...]]]></description>
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		<title>Limited Liability Partnership – An Overview &#8211; II</title>
		<link>http://www.mytaxform.info/2008/09/limited-liability-partnership-%e2%80%93-an-overview-ii/</link>
		<comments>http://www.mytaxform.info/2008/09/limited-liability-partnership-%e2%80%93-an-overview-ii/#comments</comments>
		<pubDate>Sat, 27 Sep 2008 04:59:18 +0000</pubDate>
		<dc:creator>Harshal</dc:creator>
				<category><![CDATA[Company Law]]></category>
		<category><![CDATA[accrual basis]]></category>
		<category><![CDATA[annual return]]></category>
		<category><![CDATA[Central Government]]></category>
		<category><![CDATA[Company]]></category>
		<category><![CDATA[double entry]]></category>
		<category><![CDATA[Income Tax on LLP]]></category>
		<category><![CDATA[J.J. Irani Expert Committee]]></category>
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		<category><![CDATA[Naresh Chandra Committee]]></category>
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		<category><![CDATA[Statement of Accounts]]></category>
		<category><![CDATA[U.K. LLP Act (2000)]]></category>
		<category><![CDATA[Uniform Partnership Act (UPA)]]></category>
		<category><![CDATA[United Kingdom]]></category>
		<category><![CDATA[United States]]></category>
		<category><![CDATA[What is LLP?]]></category>

		<guid isPermaLink="false">http://www.mytaxform.info/?p=90</guid>
		<description><![CDATA[(..cont.)
What are the key features of a LLP?
The key features of a LLP incorporated in India are as follows:
 1. LLP is a body corporate. It is must for every LLP to get registered with the Registrar of Companies (ROC) similar to that of setting up of a company. Its name should be unique i.e. [...]]]></description>
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		<title>Limited Liability Partnership – An Overview &#8211; I</title>
		<link>http://www.mytaxform.info/2008/09/limited-liability-partnership-%e2%80%93-an-overview-i/</link>
		<comments>http://www.mytaxform.info/2008/09/limited-liability-partnership-%e2%80%93-an-overview-i/#comments</comments>
		<pubDate>Thu, 25 Sep 2008 06:02:43 +0000</pubDate>
		<dc:creator>Harshal</dc:creator>
				<category><![CDATA[Company Law]]></category>
		<category><![CDATA[Income Tax on LLP]]></category>
		<category><![CDATA[J.J. Irani Expert Committee]]></category>
		<category><![CDATA[Limited Liability]]></category>
		<category><![CDATA[Limited Liability Partnership Act 2000]]></category>
		<category><![CDATA[LLP]]></category>
		<category><![CDATA[Naresh Chandra Committee]]></category>
		<category><![CDATA[Uniform Partnership Act (UPA)]]></category>
		<category><![CDATA[United Kingdom]]></category>
		<category><![CDATA[United States]]></category>
		<category><![CDATA[What is LLP?]]></category>

		<guid isPermaLink="false">http://www.mytaxform.info/?p=70</guid>
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Introduction
Limited Liability Partnership commonly known as LLP is a concept which adopts corporate form. Thus it has an organizational flexibility of a company and a tax status of partnership with limited liability on its partners. LLP Bill was tabled in Rajyasabha on 15th December 
2006 and is influenced by Limited Liability Partnership Act 2000 of [...]]]></description>
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