https://www.taxtmi.com/article/detailed?id=13459 An LLP is taxed as a partnership with profit taxation and no dividend distribution levy, files specific partnership returns, and offers flexible partner governance with conditional audit triggers; a Pvt Ltd faces corporate taxation plus dividend distribution tax, files company returns with mandatory annual audits, maintains board and meeting formalities, and permits relatively easier share transferability, making the selection depend on compliance tolerance and capital raising needs. en-us Mon, 03 Feb 2025 10:40:01 +0530 Mon, 03 Feb 2025 10:40:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=13459 An LLP is taxed as a partnership with profit taxation and no dividend distribution levy, files specific partnership returns, and offers flexible partner governance with conditional audit triggers; a Pvt Ltd faces corporate taxation plus dividend distribution tax, files company returns with mandatory annual audits, maintains board and meeting formalities, and permits relatively easier share transferability, making the selection depend on compliance tolerance and capital raising needs. Articles Corporate Laws / IBC / SEBI Mon, 03 Feb 2025 10:40:01 +0530 https://www.taxtmi.com/article/detailed?id=13459