TWO Partnerships ONE HAS A Loss AND THE Other HAS A Profit Resulting IN AN Overall Profit
ATO (CWLTH) resource. Rules Mate indexes this as part of the Australian compliance corpus. Click through for the regulator's primary source.
https://www.ato.gov.au/forms-and-instructions/individual-income-tax-return-2003-non-commercial-losses-labels/two-partnerships-one-has-a-loss-and-the-other-has-a-profit-resulting-in-an-overall-profit
Rules Mate indexes Australian government compliance resources to make them searchable. We link to + summarise; always verify the live source before acting.