Dissolution of partnership
This query is : Resolved
05 July 2018
Example:
ABC associates, a partnership firm goes to dissolution as on 11/05/2018, with the permission of all partners.All assets are disposed and all liabilities are paid except partners capital.Partners got some amount as per their ratio, only pending is very small amount.Partners have no issue.
But my question is:
Accounts filed upto 31/03/2017? Upto which period, we wants to file?
How to convince ,Income tax authority our firm is closed,Dissolution deed is made, can file it?
Partners accounts closing is mandatory?
Thanks in advance...for helping me with a proper reply..
ABC associates, a partnership firm goes to dissolution as on 11/05/2018, with the permission of all partners.All assets are disposed and all liabilities are paid except partners capital.Partners got some amount as per their ratio, only pending is very small amount.Partners have no issue.
But my question is:
Accounts filed upto 31/03/2017? Upto which period, we wants to file?
How to convince ,Income tax authority our firm is closed,Dissolution deed is made, can file it?
Partners accounts closing is mandatory?
Thanks in advance...for helping me with a proper reply..
05 July 2018
1. From 1-4-2017 to 31-3-2018
2. Intimate jurisdictional assessing officer about dissolution attaching therewith copy of dissolution deed.
3. File return from 1-4-2018 to 11-5-2018 in next year.
4. Then surrender PAN card of firm.
2. Intimate jurisdictional assessing officer about dissolution attaching therewith copy of dissolution deed.
3. File return from 1-4-2018 to 11-5-2018 in next year.
4. Then surrender PAN card of firm.
05 July 2018
thank you sir.......
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