I tax return

Others 229 views 3 replies
Dear sir
Mere ek client ko partnership Firm se 2,40000/. remuneration mila h to jab return submit kar rhe h tab wo profit and loss ki demand kr rha h , kya Mujhe balance sheet and profit loss bnana padega.
Replies (3)

file ITR 2 and It ask certian question like share of profit from Partnership firm, Closing balance of partner in th firm.

sir wo sb fil kr diya h uske baad profit loss fil krne ko show kr rha h ki 120000 se jada remuneration h to BSPL FIL KRO

ITR 3 has to befiled by partners of partnership firm from FY 2017-18 onwards.

P&L account is not required to be submitted.U can use business code "00001" and show profit,salary and interest under special business category(Latest update)


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