As you are aware that from FY 2017-18, New return forms are launched by the IT Department. Previously we used to file ITR-2 for Partners having no other business income except income from Firm. However from this year ITR-3 is applicable for Partners. While filing ITR-3 we have to input four figure balance sheet and profit and loss account otherwise department issues notice for defective return.
My query is how shall return of partners having no balance sheet maintained be filed for FY 2017-18?
CAclubindia
