Partner in partnership firm
This query is : Resolved
15 August 2018
IF PARTNER IN PARTNERSHIP FORM WE HAVE FILE ITR-3. IN ITR-3 IT IS ASKING BUSINESS NATURE AND PROFIT AND LOSS AND BALANCE SHEET DETAILS. SHALL WE ENTER NATURE OF THE BUSINESS IN WHICH CODE AND HOW SHOULD WE ENTER PROFIT AND LOSS A/C, AND BALANCE SHEET. THERE IS NO P&L, BALANCE SHEET AND THERE IS NO BUSINESS CODE. PLEASE SUGGEST ME
15 August 2018
Partner filing the return need not fill any such details. Fill only interest and salary received details and details of firm profit details at appropriate place.
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