Sft for partnership firm submit-very urgent
This query is : Resolved
31 May 2018
Dear Experts
I have one new clients doing business as partnership and having turnover last three years 2 core plus and done audit U/S 44AB.
When I have been gone through there SFT reporting in Income tax side last two years they do not submitted any SFT for 16-17, 17-18.
Is it compulsory for submit within 31/MAY/2018 for F.Y.17-18 ? If I do the the same in reporting and some coloum make it as YES then ITDREIN compulsory as message display in SFT reporting format. Then I go through the ITDREIN and there have showing two forms 15CC & FORMV. I have no remittance details like import or any foreign payments. Its a simple partnership business. What Should I do ??
Kindly advice.
I have one new clients doing business as partnership and having turnover last three years 2 core plus and done audit U/S 44AB.
When I have been gone through there SFT reporting in Income tax side last two years they do not submitted any SFT for 16-17, 17-18.
Is it compulsory for submit within 31/MAY/2018 for F.Y.17-18 ? If I do the the same in reporting and some coloum make it as YES then ITDREIN compulsory as message display in SFT reporting format. Then I go through the ITDREIN and there have showing two forms 15CC & FORMV. I have no remittance details like import or any foreign payments. Its a simple partnership business. What Should I do ??
Kindly advice.
abdulqadir
(Expert)
01 June 2018
Dear
You need to file nil sft return for partnership if firm has not received any payment from sale of single bill above 2 lakh
You need to file nil sft return for partnership if firm has not received any payment from sale of single bill above 2 lakh
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