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.
CA CS Jainam Shah
(Expert)
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.
Nikhil Kaushik
(Expert)
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.
KAVIRAJA ADDANGADI
(Expert)
10 December 2015
For Firm You have to File ITR-5 .you have to fill Full Details Balance sheet & Profit & Loss account.
KAVIRAJA ADDANGADI
(Expert)
10 December 2015
For Firm You have to File ITR-5 .you have to fill Full Details Balance sheet & Profit & Loss account.
CA CS Jainam Shah
(Expert)
10 December 2015
Yes, dear my mistake.
You have to file ITR 5.
You have to file ITR 5.
Nikhil Kaushik
(Expert)
10 December 2015
even in ITR-5 full BL/P&L details are not required.
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