Whether threshold limit applicable to GST / IT Practitioner or not in case of a partnership firm
This query is : Resolved
10 January 2023
Respected authority please clarify that whether threshold limit applicable to GST / IT Practitioner or not in case of a partnership firm
10 January 2023
Yes, but the basic exemption limits are different in each act..
For Partnership act, the basic exemption limit in IT act is zero.
For Partnership act, the basic exemption limit in IT act is zero.
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