One of my friend is a partner in a firm. The partnership firm was started in FY 17 - 18. But, they had not filed IT returns for that year. Now, can they file the IT returns for the FY 18-19 before this month end ? Will it be advisible to do so without filing the return for FY 17 18 ? Or, what should be done to regularize the IT return filing ?
05 March 2020
Dear Experts, Thanks for your kind advice. But out of the two replies, which could be the better one , as the said firm has not earned Profit for the FY 2017 - 18.
CAclubindia
