28 December 2012
It's optional under the Income Tax Act. Under other statutes, it may be required that the firm should be a registered firm, so it is better to get firm registration no. .
Querist :
Anonymous
Querist :
Anonymous
(Querist)
30 December 2012
will u provide the section of IT.act
30 December 2012
Prior to 1-4-1993, firms were assessed as registered and unregistered firms as were prescribed under section 182 and Section 183 respectively. Finance Act 1992 had omitted these sections w e f 1.4.1993. The new schem of Assessment has been prescribed U/s 184. .