If Partnership turnover is 1 cr. and 15 lac. in this case each partner is getting 6,00,000 salary p.a. . so partner is also required to do tax audit or not?
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(178155 Points)
Replied 11 October 2019
No, unless partner is individually liable for audit for his/her income u/h. PGBP.