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AUDIT OF LLPS
ITR-5 and ITR-7 forms enabled for online filing: Who should file these income tax forms? What are their deadlines?The Income Tax Department has activated online filing for ITR-5 and ITR-7 forms, pre-filled with data, on its official website. ITR-5 and I...22 Sep, 2025, 01.58 PM IST- NFRA suggests 40 audit standards for LLPs to govtThe National Financial Reporting Authority (NFRA) recommended 40 auditing standards for limited liability partnerships (LLPs) to the corpor...25 Nov, 2024, 10.16 PM IST
- Plans afoot to put LLPs and cos on par in accountingThe Indian government is considering implementing new accounting standards for large limited liability partnerships (LLPs) to enhance trans...12 Nov, 2024, 11.05 AM IST
- Deloitte seeks review of apex court ruling allowing SFIO probeThe financial affairs of IL&FS Group came under scrutiny in 2018 after it defaulted on short-term and long-term debt obligations to the tun...23 Nov, 2023, 12.11 AM IST
- China suspends Deloitte’s Beijing office over Huarong auditingChina suspended the operations of Deloitte & Touche LLP’s Beijing office for three months and fined the firm after a review of its work on ...17 Mar, 2023, 02.52 PM IST
- Over 6.2 crore ITRs, 21 lakh audit reports filed on new e-filing portalMore than 6.2 crore Income Tax Returns (ITRs) and about 21 lakh major Tax Audit Reports (TARs) have been filed on the new e-Filing portal o...11 Feb, 2022, 10.50 PM IST
- MCA initiates decriminalisation of LLP ActThe government will decriminalise 12 compoundable offences under the Act and will omit section 73, which relates to penal provisions in cas...03 Feb, 2021, 07.38 PM IST
- Company Law Committee recommends decriminalisation of LLP Act, introduction of 'small LLPs'The committee also suggested the introduction of the concept of a small LLP in line with small companies under the Companies Act, and provi...18 Jan, 2021, 09.28 PM IST
- Compliance professionals seek extension for CFSS and LLP Settlement Scheme till MarchThe CFSS and LSS were introduced on April 1, 2020 for a period of six months offering a one-time opportunity to the defaulting companies an...05 Jan, 2021, 12.01 PM IST
- Anil Ambani group's Reliance Realty taps HNIs to build an LLP fundReliance Realty is knocking on the doors of rich investors for raising a real estate fund that will have the innovative structure of LLP.22 Feb, 2012, 06.04 AM IST
- CAG wants to audit all government LLPsAt present there are 7,950 LLPs in the country and the ROC does not collect separate data for state run LLPs. “The number should be very le...15 Feb, 2012, 04.41 AM IST
- Solvency, auditing guidelines for LLPs on the cardsThe government is set to introduce stringent solvency and auditing norms for limited liability partnership companies (LLPs).11 Feb, 2012, 07.23 AM IST
- Govt to allow cos with secured loans to convert into limited liability partnershipsThe government plans to allow companies with outstanding secured loans to be converted into limited liability partnerships09 Nov, 2011, 03.47 AM IST
- Curbs no bar, limited liability partnerships a big hit with companiesAround 4,800 holding firms of Indian corporates across industries have been converted into limited liability partnerships - tax-efficient h...24 May, 2011, 03.49 AM IST
- Companies taking LLP route to escape tax liabilityCorporates are masking their true identities to jump regulatory hurdles and form holding entities that help them lower their tax burden.25 Apr, 2011, 12.30 AM IST
- LLPs may be penalised for delay in filing financials with co registrarLimited liability partnership (LLP), the proposed business vehicle for professionals, will have strict financial disclosure norms.22 Feb, 2008, 04.14 AM IST
- Limited liability, unlimited scopeHave an idea and capital scarce? Here’s probably an answer to the thousands like you impelled to be subservient to the owners of capital an...25 Dec, 2006, 02.09 AM IST
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