https://www.taxtmi.com/acts?id=24609 Partners are jointly and severally liable for payment of any tax, interest or penalty of the firm. A retiring partner must give written intimation to the Commissioner; liability for amounts up to the date of retirement remains on the retiring partner, and if no intimation is given within one month, that liability continues until the Commissioner receives notice. en-us Mon, 03 Apr 2017 16:09:17 +0530 Mon, 03 Apr 2017 16:09:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=24609 Partners are jointly and severally liable for payment of any tax, interest or penalty of the firm. A retiring partner must give written intimation to the Commissioner; liability for amounts up to the date of retirement remains on the retiring partner, and if no intimation is given within one month, that liability continues until the Commissioner receives notice. Act-Rules Bills Mon, 03 Apr 2017 16:09:17 +0530 https://www.taxtmi.com/acts?id=24609