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Insertion of new section 167C

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Full Text of the Document

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....come-tax Act, the following section shall be inserted with effect from the 1st day of April, 2010, namely:— Liability of partners of limited liability partnership in liquidation. "167C. Notwit....

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Full Text of the Document

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.... limited liability partnership at any time during the relevant previous year, shall be jointly and severally liable for the payment of such tax unless he proves that the non-recovery cannot be attribu....