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The aim of this research is to highlight some loopholes in the current legal position related to the taxation of the Limited Liability Partnerships in India; as well as, highlight some of the problems related to the conversion of general partnership firms and limited companies into the Limited...
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Limited Liability Partnerships (LLPs) are commercial vehicles which combine features of partnership and company. In law, partners bear unlimited liability even for the acts of other partners. An LLP enables the partners to limit their liability in this regard just like a shareholder in a...
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