08 July 2013
Dear Sir, I have a partnership firm in Pune. The partnership deed is created on 1.7.2012. I heard that for the benefit of income tax ( I.e Sec 43B ) you should register your partnership firm within 1 year from the date of deed. So please tell me what can i do for the benefit of Income tax and what amount of penalty have to paid for the registration of firm, and if possible than also tell me the procedure of registration.