A partnership is facing significant losses, leading to a dispute between partners. The firm needs to file audited accounts for the 2019/20 AY by December 31st, but the auditor is withholding the report due to the dispute. While one partner or an authorised person can file the return using a digital signature, the auditor's refusal to provide the audited report is a hurdle. The advice given is to consider changing the auditor to resolve this issue and meet the filing deadline.
29 October 2020
A partnership firm has a huge loss.Now partners quarrel.The audted accounts is to filed.The auditor files the report without an audit report.2019/20 AY Incometax is asking the firm to file before 31 dec
The implication of non-filing
they were in real estate and the business is down Can the managing partner who has a digital signature file the return