How to file itr 5 for llp?

ITR 132 views 3 replies

Kumar

Partner

149 Points Joined August 2018

Dear Sir/madam,

I want to file ITR for my LLP. LLP was incorporated in December 2017, current bank account opened in March 2018.

Partners contribution Rs.10000 and Loan from one partner Rs.20000 deposited in account. Bank charges (Cheque, a/c keeping) about Rs.800. No any other transaction.

1. Which schedule of ITR 5 should I keep and which remove? Should I remove unwanted sections of ITR 5 or leave it blank?

2. Where bank charges (cost of cheque book account keeping) will be filled?

3.In my case, maintance of book of account is necessary? May I fill NO ACCOUNT CASE section?

Please guide.

Thanks a lot.

Replies (3)

CA Bhavik Soni

867 Points Joined December 2015

llp not eligible to avail of presumptive tax benefit and maintain books of accounts.

Kumar

Partner

149 Points Joined August 2018

Thanks,

1. Which schedule of ITR 5 should I keep and which remove?

2. Where bank charges (cost of cheque book account keeping) will be filled?

RAJA P M

"Do the Right Thing...!!!"

128116 Points Joined January 2015

Originally posted by : Kumar
	Thanks, 1. Which schedule of ITR 5 should I keep and which remove? 2. Where bank charges (cost of cheque book account keeping) will be filled?