Itr of partners of a partnership firm



Can anyone please explain whether Partner of a Partnership Firm (while filing his personal return) is required to furnish their Books of Accounts in case he has :-

Income from House Property,

Income from Partnership Firm (loss),

Capital Gains, 

Income from Other Sources.

Kindly post your answer at earliest, it is very urgent.   

 
Reply   
 
CHARTERED ACCOUNTANT

No need to furnish books of accounts but it is mandatory to fill the balance sheet of the partner.

 
Reply   
 

No, no question of books of account, for said sources of Income; except details about partner's gains/loss etc.


Total likes : 1 times

 
Reply   
 

Okay, Thank you so much!

 
Reply   
 

Sir, Balance Sheet needs to be filled means we need to furnish P&L and Balance Sheet completely, right? The same what we do through Winman Software, right (if you might be aware of the same)?

 
Reply   
 

LEAVE A REPLY

Your are not logged in . Please login to post replies

Click here to Login / Register  

 


×

  CCI MENU