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.
Message likes :
1 times
21 March 2014
Yes it is mandatory vide section 139(1)(a) of the Income tax Act,1961.
Message likes :
1 times
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.
Message likes :
1 times
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
- Supply through E-commerce Operators
- Sales return eway bill
- Rent lease agreement
- Relief u/s Section 89
- AMOUNT RECEIVED UNDER COMPULOSRY ACQUISITION OF AGRICULTURAL LAND
- E way bill for tractors
- SGST balance is there in credit ledger how to adjust for cgst
- Loan by Partnership Firm
- Tax liability on income of freelancer
- REGARDING SECTION 44AE
- Section 54F - Exemption on LTCG in 2026 for HP purchased in 2023
- STCG....................................................
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
