Loss of LLP on dissolution

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..... Loss of LLP on dissolution
Query (Issue) Started By: - bhagyashree sathe Dated:- 8-2-2012 Last Reply Date:- 1-3-2012 Income Tax
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Income Tax
One LLP incurring business loss of a .....

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..... bout 8 to 10 Lakhs of Rs, is being wound up. Will this business loss be allowed to set off in the hands partners[ designated and others] agianst their business income? Orelse could this be allowed a .....

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..... s loss on account of investment in LLP? Seeking for sections/rules under Income tax Act, opinion or article if any. Reply By Vivek Harsh: The Reply: In my view loss shall not be allowed in hands o .....

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..... f partners.
Discussion Forum - Knowledge Sharing .....

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