CA Rupal Patel (CA) (48 Points)
02 August 2017One Partnership firm was incorporated in the last week of march 2017. No capital was introdued in FY 2016-17.And no transaction hace made in FY 2016-17. Moreover Partners hvae filled thier individual return with any information of this firm.So how to file return of Partnership Firm.
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(160960 Points)
Replied 02 August 2017
A partnership firm (including Limited Liability Partnership), has to file its return of income compulsorily, irrespective of its income being profit or loss.
Last date for filing ITR for AY 2017-18 in this case is (extended to) 05.08.2017; provided PAN obtained.
CAclubindia
