Income of a partnership Firm

Sir

How the returns of partnership firm is filed, what all exemptions are permitted for calculating the taxable income and the % allowed & diallowed. Thanks in advance

Neena

Replies (7)

Exemptions such as 80G, 80JJA, 80I etc are allowed to a partnership firm also.

dear neena

if  the partnership is liable to tax audit in p/y then due date of filling of roi is 30th sep otherwise it is 31st july and form of filling roi is itr-5

Dear Neena,

To file a return of partnership firm there are many provisions and areas you need to see. Not only exemptions and deductions. Better consult a CA for it...

Dont take any risk by asking here. part part answer solve your query....

ALso the answer given by the above two are also right....

 

dear friends

app. agree with CA Shivang

you should consult with CA or any other Tax Consultant may be personaaly or via phone

 

Regards

Originally posted by : CA Shivang

Dear Neena,

To file a return of partnership firm there are many provisions and areas you need to see. Not only exemptions and deductions. Better consult a CA for it...

Dont take any risk by asking here. part part answer solve your query....

ALso the answer given by the above two are also right....


agree with it....
Originally posted by : CA Shivang

Dear Neena,

To file a return of partnership firm there are many provisions and areas you need to see. Not only exemptions and deductions. Better consult a CA for it...

Dont take any risk by asking here. part part answer solve your query....

ALso the answer given by the above two are also right....

 

Yea, Agree with SHIVANG SIR.

Many thanks to praveen, tarun rustagi, CA Shivang, Nitin Grover and vikash, will be meeting a CA soon.

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