banner_ad

Is it mandatory to file the itr of a partnership firm i

This query is : Resolved 

21 March 2014 Is it mandatory to file the income tax return of a partnership firm? if yes, then if the same is not filled then what would be the consequences

21 March 2014 if not filed then all the consequence of non filling like int and penalty shall eb applicable.

21 March 2014 Yes it is mandatory vide section 139(1)(a) of the Income tax Act,1961.

22 March 2014 Sir if the same is not filed what would be the consequences

22 March 2014 Penalty u/s 271 F and prosecution u/s 276CC has to be faced as in the case of Ms. Jayalathia (Tamilnadu CM) and her aide Ms. N.Sasikala. Please see 'The Hindu', an English daily ,dated 21.3.2014.


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


CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries



CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news



Answer Query



Company
Featured 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details