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of <h1>Partners face joint liability for LLP tax debts during liquidation under Section 167C Income Tax Act</h1> Section 167C of the Income Tax Act, 1961 establishes joint and several liability for partners of limited liability partnerships during liquidation. When tax due from a limited liability partnership cannot be recovered, all persons who were partners during the relevant previous year become liable for payment. Partners can escape liability by proving non-recovery was not due to their gross neglect, misfeasance, or breach of duty. The provision overrides the Limited Liability Partnership Act, 2008. Tax due includes penalties, interest, and other payable amounts under the Act.
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