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Books of accounts maintain limitation in Partnership firm

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06 September 2020 please guide me to know what is the limitation for maintaining the books of account in Partnership firm.
as my turnover in the last year is below 2500000/- and expected income on it is 350000/-. is it necessary or i have to maintain books of account for my partnership firm.
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
06 September 2020 As the income is exceeding 2,50,000 books of accounts need to be maintained.
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