Due date for itr filing of partner
This query is : Resolved
13 May 2014
Dear Sir,
I wish to know the due date for filing of Income Tax Return of Partner of Partnership firm. is it 31/07 or 30/09. The partnership firm is subject to Tax audit. Does it make difference between a non-working/sleeping partner and Working Partner?
Recently I received an intimation which shows exact double amount of Interest u/s 234A. I uploaded an ITR of a Working partner on 11/11/2013, assuiming due date for working partner as 30/09/2013 and according calculated interest 234A of Rs. 3306/- for 2 months. However the intimation shows interest 234A of Rs. 6612/- for 4 months, considering July last date of filing ITR.
Kindly guide.
Thanks
Suraj
I wish to know the due date for filing of Income Tax Return of Partner of Partnership firm. is it 31/07 or 30/09. The partnership firm is subject to Tax audit. Does it make difference between a non-working/sleeping partner and Working Partner?
Recently I received an intimation which shows exact double amount of Interest u/s 234A. I uploaded an ITR of a Working partner on 11/11/2013, assuiming due date for working partner as 30/09/2013 and according calculated interest 234A of Rs. 3306/- for 2 months. However the intimation shows interest 234A of Rs. 6612/- for 4 months, considering July last date of filing ITR.
Kindly guide.
Thanks
Suraj
Nikhil Kaushik
(Expert)
13 May 2014
since the partnership firm is covered under 44AB, the due date for partners' tax return shall be 30/09.
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13 May 2014
But Sir, How should I file rectification? Bcoz I filed rectification once but the same liability arisen again. Where should I look for any error on this part in ITR?
Please guide.
Please guide.
Aditya Maheshwari
(Expert)
13 May 2014
In the partnership details schedule select tax audit for partnership yes.
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