name of the
assessee LLP for the year under consideration i.e. A.Y. 2009-10.
Further, from the LLP Act, 2008 ; it is clear ... date of registration, the
assessee LLP cannot be assessed for the erstwhile
company as per the LLP Act, 2008 .
30. Now, we proceed to examine
Act .
2008, is a transfer under the Income-tax Act, 1961 ('the Act') so as to
attract section 45(1) of the Act ... into LLP, there is a transfer
of assets from the company to the LLP. The term LLP was
incorporated in the Income Tax Act , effective
LLP under Clause 4, all the
tangible, intangible property including assets, interests etc. stands vested in
the LLP without any further assurance, act or deed ... Act.
10. We find that Sec. 47(xiiib) of the Act, as had be made available on the
statute by the Finance Act
After completion of
[in short, "the LLP Rules"]
necessary procedure under the LLP Act , the company got converted
into LLP and was issued ... liable to tax on conversion of company into LLP
as per LLP Act 2008. The AO is therefore, directed to delete the
addition
partner of
the LLP Devanshi Commercials LLP, hence in view of section 2(23)(1)(b)
of the Income Tax Act read with section ... LLP Act 2008, the
assessee is not eligible to be regarded as a partner of an LLP.
2. Whether on the facts and circumstances
Light Hospitality
LLP v Assistant Commissioner of Income Tax
: (2018) 405 ITR 296 (Delhi) 35 ― LLP Act
2008‖ upon conversion into an LLP), there ... given by the Pr.
Commissioner u/s.151 of the Act referred to LLP and not the erstwhile
Page | 34
ITA No. 2338/Mum/2019
assessee LLP was
5
ITA No.3177/Mum/2025 and others
Leshark Global LLP
recorded u/s 132(4) of the Act. It has been ... 3177/Mum/2025 and others
Leshark Global LLP
proceedings-initiated u/s 148 of the Act in respect of the said
incriminating information found during
assessee LLP was
5
ITA No.3177/Mum/2025 and others
Leshark Global LLP
recorded u/s 132(4) of the Act. It has been ... 3177/Mum/2025 and others
Leshark Global LLP
proceedings-initiated u/s 148 of the Act in respect of the said
incriminating information found during
Light Hospitality LLP v Assistant Commissioner of
Income Tax : (2018) 405 ITR 296 (Delhi) 35 ― LLP Act 2008‖ upon
conversion into an LLP), there ... given by the Pr. Commissioner
u/s.151 of the Act referred to LLP and not the erstwhile company.
Further, in various documents, the Permanent
Godrej Projects North Star LLP
"1. The Appellant LLP objects to the tax determined payable.
2. The Appellant LLP objects to the erroneous levy ... Act paid under Section 140A of the Act which in turn impacts the
computation of interest under Section 234B(2) of the Act.
13. This
