Taxability of a foreign single member LLP of a resident in India

Kaivan shah   25 December 2020

One of my friend, who return from USA, 3 year back has a single member LLP in USA. He has received some income in USA and filed Federal tax return for Individual (for Federal tax, Single member LLP is treated Individual proprietorship)

Querries:
1. Can he show income from USA LLP in his personal income tax return in India? if yes, Under which head profits from business or income from other sources?
2. If he shows profits from business, does he require to redraw profit & loss account March year end basis as Federal income tax return is on Dec year end basis
3. If he incurrs loss there, can he show it in India and claim set off/ carry forward benefits?

Thank you