TMI BlogLoss of LLP on dissolutionX X X X Extracts X X X X X X X X Extracts X X X X ..... One LLP incurring business loss of about 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 in ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... come? Orelse could this be allowed as 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 = I ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... n my view loss shall not be allowed in hands of partners. - Loss of LLP on dissolution - Query Started By: - bhagyashree sathe Dated:- 8-2-2012 Income Tax - Got 1 Reply - Income Tax - Discussion Fo ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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