Filing of Firm Return


This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
23 October 2010 Kindly let me know that

If a firm's income is below taxable limit
Is it necessary to file firm's Income tax return?

Thanx in advance.

23 October 2010 i would like to clear you that taxable limit is not applicable to Firms

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
23 October 2010 firm's income is below 1 crore......

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
23 October 2010 query is

a propritorship firm with income below 1 crore.
proprietor filing sales tax returns properly.

24 October 2010 income is above 40 lakh turnover then you have to file IT return and audit is also compulsury


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query



Company
14 October 2026
Asst. Manager/Dy Manager (Costing)

manufacturing

Pune

CMA

View Details
Company
08 October 2026
Account Executive

Elite Taxation

New Delhi

CA Foundation

View Details
Company
16 October 2026
CA article trainee

Zerdi & Co. Chartered Accountants

Pune

CA Inter

View Details
Company
ARTICLESHIP 07 October 2026
Article assistant

S.K.Bajpai & Co.

Noida

B.Com

View Details
Company
12 October 2026
AUDIT , ACCOUNTS AND TAXATION

KDSS

New Delhi

B.Com

View Details
Company
ARTICLESHIP 08 October 2026
ARTICLE TRAINEE

S.B.G. & CO. CHARTERED ACCOUNTANTS

New Delhi

CA Inter

View Details
Company
06 October 2026
Assistant Manager - Audit and Compliance

Ravi K Jain & Co

Noida

Others

View Details
Company
Featured 21 September 2026
Consultant - Reporting

Finrep Advisors LLP

Mumbai

CA

View Details