What is meant by ‘DP nominee’ body corporate in LLP (limited liability partnership)?

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1. What is meant by DP nominee body corporate
in LLP (limited liability partnership)? As per
the companies act, 2013, a company/ body
corporate can become a partner in an LLP.
There is no fixed price or cost for registering
a Private Limited Company in India. There are
a number of dependent variables that determine
the cost of incorporation of a Private Limited
Company in India such as the location of
registered office, number of directors, amount
of authorised capital etc.
1. What is meant by DP nominee body corporate
in LLP (limited liability partnership)? 2. Do
refunds count as taxable income?
How much does a Private Limited Company
Registration cost in India?
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In that case when a company is a designated
partner in an LLP, the company needs to appoint a
person as on behalf of the company as the
authorised representative in the LLP who is
called the DP nominee.
2. Do refunds count as taxable income? No.
Refunds are not counted as taxable income.
However any interest received on refund is
counted as income.
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