https://www.taxtmi.com/article/detailed?id=2039 Partnerships and proprietorships lack separate legal personality; obligations and penalties asserted against a firm are in substance liabilities of the individual partners or proprietor, so imposing fines both on the firm and separately on the partners or proprietor for the same conduct produces duplicative punishment of the same natural persons and must be scrutinized in customs, excise and related enforcement contexts. en-us Mon, 25 Feb 2013 11:11:45 +0530 Mon, 25 Feb 2013 11:11:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=2039 Partnerships and proprietorships lack separate legal personality; obligations and penalties asserted against a firm are in substance liabilities of the individual partners or proprietor, so imposing fines both on the firm and separately on the partners or proprietor for the same conduct produces duplicative punishment of the same natural persons and must be scrutinized in customs, excise and related enforcement contexts. Articles Limited Liability Partnership - LLP Mon, 25 Feb 2013 11:11:45 +0530 https://www.taxtmi.com/article/detailed?id=2039