Section 44 ad - partnership firm
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
10 December 2015
Dear Sir,
Is it compulsory to fill all the details of Balance Sheet & Profit & Loss account for partnership firm, if we file ITR U/s 44 AD ?
Please guide regarding this.
Thanking you in advance.
Is it compulsory to fill all the details of Balance Sheet & Profit & Loss account for partnership firm, if we file ITR U/s 44 AD ?
Please guide regarding this.
Thanking you in advance.
10 December 2015
If you file ITR 4S then B/S & P/L details is not compulsory.
In ITR 4S following details required:
1. Gross Turnover or Gross Receipts
2. Total presumptive income
3. Total Sundry Debtors
4. Total Sundry Creditors
5. Total Stock-in-trade
6. Cash Balance
If you file ITR 4 then B/S & P/L details is compulsory.
In ITR 4S following details required:
1. Gross Turnover or Gross Receipts
2. Total presumptive income
3. Total Sundry Debtors
4. Total Sundry Creditors
5. Total Stock-in-trade
6. Cash Balance
If you file ITR 4 then B/S & P/L details is compulsory.
10 December 2015
well for partnership firm it would be ITR-5 and not ITR4s or ITR4.
In ITR-5 you would fill the Non-account cases details.
In ITR-5 you would fill the Non-account cases details.
10 December 2015
For Firm You have to File ITR-5 .you have to fill Full Details Balance sheet & Profit & Loss account.
10 December 2015
For Firm You have to File ITR-5 .you have to fill Full Details Balance sheet & Profit & Loss account.
10 December 2015
Yes, dear my mistake.
You have to file ITR 5.
You have to file ITR 5.
10 December 2015
even in ITR-5 full BL/P&L details are not required.
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