Loss of LLP on dissolution

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....oss of LLP on dissolution<br> Query (Issue) Started By: - bhagyashree sathe Dated:- 8-2-2012 Last Reply Date:- 1-3-2012 Income Tax<br>Got 1 Reply<br>Income Tax<br>One LLP incurring business loss of ab....

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....out 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 income? Orelse could this be allowed as....

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.... 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: In my view loss shall not be allowed in hands of....

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.... partners.<br> Discussion Forum - Knowledge Sharing ....