Signatory rule for limited liability partnerships: designated partner must sign tax returns, or any partner may sign if unavailable. An amendment inserts clause (cd) into section 140 prescribing that for a limited liability partnership the designated partner shall sign and verify the income-tax return, and where the designated partner is unable to sign for unavoidable reasons or where no designated partner exists, any partner may sign and verify the return.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Signatory rule for limited liability partnerships: designated partner must sign tax returns, or any partner may sign if unavailable.
An amendment inserts clause (cd) into section 140 prescribing that for a limited liability partnership the designated partner shall sign and verify the income-tax return, and where the designated partner is unable to sign for unavoidable reasons or where no designated partner exists, any partner may sign and verify the return.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
