Itr-5
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
20 August 2011
I HAVE CREATED A PARTNERSHIP FIRM ON 10/03/2011.
BUT FROM THAT DAY TO 31/03/2011. I HAVE NO TRANSACTION UP TO O 31/03/2011.
CAN I WILL BE LIABLE FOR THE FILING OF INCOME TAX RETURN FOR THE A.Y. 2011-12 OR NOT.
PLEASE OVERCOME MY PROBLEM.
THANKING YOU,
YOURS TRULY,
BUT FROM THAT DAY TO 31/03/2011. I HAVE NO TRANSACTION UP TO O 31/03/2011.
CAN I WILL BE LIABLE FOR THE FILING OF INCOME TAX RETURN FOR THE A.Y. 2011-12 OR NOT.
PLEASE OVERCOME MY PROBLEM.
THANKING YOU,
YOURS TRULY,
CA Rajeev Bansal
(Expert)
20 August 2011
Yes, it is mandatory to file ITR of Partnership firm as per section 139(1) from the A.Y 2006-07.
CA Ashwani Agarwal
(Expert)
20 August 2011
Just file a return showing NIL particulars.
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