Income tax return of partner

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?

Replies (2)
Why not...?
The Partner can feed the details of balances in the Partnership Firm's related...

What to be inputted in Profit and Loss Account of Partner?

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 21 September 2026
Consultant - Reporting

Finrep Advisors LLP

Mumbai

CA

View Details
Company
ARTICLESHIP 21 September 2026
CA Article Assistant

KK & Company Chartered Accountant

Pune

CA Inter

View Details
Company
29 August 2026
Chartered Accountant

Velionit Consulting PVT LTd

Mumbai

CA

View Details
Company
ARTICLESHIP 07 September 2026
Article/ Paid Assistant

Murali and Sumeet Chartered Accountant

Bengaluru

CA Foundation

View Details
Company
22 September 2026
Account Assistant

Chirag P Shah & Co. Chartered Accountant

Pune

B.Com

View Details
Company
28 August 2026
Audit Manager

K A R M & CO

Mumbai

CMA

View Details
Company
09 September 2026
SENIOR AUDITOR & ACCOUNTS MANAGER

Anupam Parashar & Co.

Ghaziabad

CA Final

View Details
Company
ARTICLESHIP 16 September 2026
CA Article Trainee

SR BAGAI & Co.

New Delhi

CA Inter

View Details