<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>Joint and several liability of participants.</title>
    <link>https://www.taxtmi.com/acts?id=19891</link>
    <description>Section 36 makes every participant in an unincorporated body, and the representative assessee of a deceased participant, jointly and severally liable with the unincorporated body for any amount payable under the Act, with all provisions of the Act applying accordingly; limited liability partners may avoid this liability only by proving non-recovery is not due to their neglect, misfeasance or breach of duty, and this section prevails over contrary provisions of the Limited Liability Partnership Act, 2008.</description>
    <language>en-us</language>
    <pubDate>Fri, 03 Jul 2015 18:13:44 +0530</pubDate>
    <lastBuildDate>Wed, 05 Nov 2025 16:24:56 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=389218" rel="self" type="application/rss+xml"/>
    <item>
      <title>Joint and several liability of participants.</title>
      <link>https://www.taxtmi.com/acts?id=19891</link>
      <description>Section 36 makes every participant in an unincorporated body, and the representative assessee of a deceased participant, jointly and severally liable with the unincorporated body for any amount payable under the Act, with all provisions of the Act applying accordingly; limited liability partners may avoid this liability only by proving non-recovery is not due to their neglect, misfeasance or breach of duty, and this section prevails over contrary provisions of the Limited Liability Partnership Act, 2008.</description>
      <category>Act-Rules</category>
      <law>Direct Taxes</law>
      <pubDate>Fri, 03 Jul 2015 18:13:44 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/acts?id=19891</guid>
    </item>
  </channel>
</rss>