Dissolution of partnership
This query is : Resolved
07 June 2019
Our firm has closed its business with effect from March 31st 2018. As there is no transactions for the Financial year April to March 2019, whether it return for AY 2019-20 is mandatory?
We have not prepeared any dissolution deed till now.
We have not prepeared any dissolution deed till now.
07 June 2019
Hi.
As you have not prepared any Deed of dissolution, you have to compulsory file your Income Tax return for FY 2018-19 even there is no transactions.
Thanks,
Regards
CA Abhishek Goyal
As you have not prepared any Deed of dissolution, you have to compulsory file your Income Tax return for FY 2018-19 even there is no transactions.
Thanks,
Regards
CA Abhishek Goyal
08 June 2019
Otherwise penalty can be initiated u/s 271F for violation of section 139(1)(a).
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- CG Tax On residential property
- Post Office RD Interest
- Applicable TDS for Purchase of Flat from NRI
- Eway bill for machinery reparing
- Claiming exemption of perquisite for employee-owned car under New Tax Regime in ITR-2
- Gift of mutual fund units to daughter
- Under construction property in ITR
- Reporting of STCG on Property in ITR
- Building tax payment deduction in rental Income
- NRI ITR2 account in 2025-26 ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,.
- Upload Level ValidationITR3Category of Defect B/D
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
- Delisted shares sold in off market/ Rebate u/s87A
- In Exports Sales HSN details where to fill
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Difference in tax comparison report
- Gst invoice numbering and delivery challan numbering
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
