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The Finance (No.2) Act, 2009, amended the definitions of the expressions firm and partner of the Income-tax Act, 1961, to include a Limited Liability Partnership (LLP) and its partners, respectively, as defined in the Limited Liability Partnership Act, 2008. The LLP is an AOP incorporated in accordance with the provisions of the LLP Act. The definition of ‘person' in the Income-tax Act, 1961, includes ‘an association of persons or a body of individuals, whether incorporated or not'. In view of this, an amendment was not necessary and the LLP would have been taxed as an AOP. Commonality of the word ‘partnership' under the LLP Act and Indian Partnership Act, 1932, does not make them similar so as to be given similar tax treatment. The author here has taken up this issue for discussion.
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I recently bought a Nokia E-series for my personal use. For 2 months I was getting a really good service from the mobile with sound speakers and good set of headphones. I was really elated. But after few months of buying the mobile the speakers and the display encountered some problems.
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Consumer Complaints helps protect customers against Deceptive advertising, false claims, bait and switch , unethical practices, harassment, unwanted phone calls, spam , collection agencies, credit reporting agencies, identity theft, and even price gouging (charging an overly inflated price for a product or service).
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Byetta, a drug for controlling blood glucose, has been given a FDA warning. This drug has been found to have some serious side effects. The FDA after approving the drug has now issued a warning. Byetta’s use for Diabetes has limited use. Read this information to learn how serious the side effects of this drug are.
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Cyberstalking is a recent form of criminal behavior involving persistent threats or unwanted attention using the Internet and other means of computer communications.
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