My Account Login
LLp Online

09555533766 10am to 8pm (IST)
+91.11 40622239 Mon - Sat
HomeOrder Your LLPLLP ClubAbout UsOur ServicesContact Us


Ask the Expert

Home / What's New / Union Budget 2011-12 introduces AMT on LLP

What's New

Union Budget 2011-12 introduces AMT on LLP

The Union Budgt 2011-12 had anoounced the levy of Alternate Minimum Taxes (AMT) on LLP’s similar to Minimum Alternate Tax on companies.

LLP’s where the regular income tax payable for a previous year is less than the alternate minimum tax payable for such previous year, the adjusted total income shall be demeed to be the total income of the LLP for such previous yearand it shall be laible to payincome tax on such total income at 18.5% plus applicable surcharge and education cess.


  Our Ventures   Quick Links    Take Action    Communique
ESOPOnline ESOPOnline
About us
Media Centre
Contact us
Privacy Policy
Order Your LLP
Convert into LLP
Form your LLP
Draft LLP Agreement
Benefits of LLP
LLP Act 2008
Compare LLP
Forward to a Friend
Rapid Responder : Register | Login
Print this Page
Save this page
Add to Favourites
Make this Page your Home Page

Corporate Professional

  Copyright 2010, ALL RIGHTS RESERVED. Website Design by Dreamzsop