44 AB audit

No, not liable for tax audits.

in my opinion audit is compulsory under section 44AB only if profit declared is less than 8% and the same exceeds maximum amount not chargeable to tax .

But the same is not applicable for partnership , since there is no basic exemption limit available for it, and moreover it is taxed at flat 30%

Hence, it may be interpreted that is case of loss of partnership , audit is compulsory under section 44AB .

i also interpreted as you said....but i am not able to make a final conclusion.