I am working with several single propriter firms. In single propriter firm case - we not required to fill ITR of firm, but we need to fill ITR of propriter in which firm profit comes also. But i confused in case of partnership and company.
I want to know - In case of partnership firms we required to fill only propriter ITR or firm ITR or ITR for both? similarly please tell me for Private limited companies also.
If required to fill retrun for both then in tally income tax after profit shown in p&l or balance sheet. what ledgers need to opened in tally in which groups. and what entry need to done..............Please provide help
CAclubindia
