https://www.taxtmi.com/acts?id=22482 Partners are jointly and severally liable for payment of tax, interest and penalty. A retiring partner remains liable for obligations up to the date of retirement, whether determined before or after retirement, provided the firm or retiring partner gives written notice of retirement to the Commissioner; absent timely intimation, liability continues until the Commissioner receives the notice. en-us Thu, 22 Sep 2016 18:03:25 +0530 Thu, 22 Sep 2016 18:03:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=22482 Partners are jointly and severally liable for payment of tax, interest and penalty. A retiring partner remains liable for obligations up to the date of retirement, whether determined before or after retirement, provided the firm or retiring partner gives written notice of retirement to the Commissioner; absent timely intimation, liability continues until the Commissioner receives the notice. Act-Rules Bills Thu, 22 Sep 2016 18:03:25 +0530 https://www.taxtmi.com/acts?id=22482