Personal Tax Filing Confusion

Two LLP are there. 

1. ABC LLP (Partner Kumar & Partner XYZ)
2. XYZ LLP (Partner Vishnu & Partner Kumar)

XYZ LLP earned 5 lakhs profit in 19-20, but all income and expenses in XYZ LLP are received/spent with ABC LLP bank account. From ABC LLP bank account, Partner Vishnu received the profits of his share with XYZ LLP.

Now, how the partner Vishnu will file his personal ITR for the FY19-20? Please guide

(New to tax filling, sorry if the question is dumb) 

Replies (1)
"All income and expenses in XYZ LLP are received/spent with ABC LLP bank account"

How it's possible ? both are separate entity.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
19 September 2026
Finance Manager

Mugdha Art Studio

Hyderabad

CA

View Details
Company
08 September 2026
Audit Executive

Thammana & Associates

Srikakulam

B.Com

View Details
Company
ARTICLESHIP 07 September 2026
CA Articles

Kothari Jain Patil & Chartered Accountants

Pune

CA Inter

View Details
Company
Featured 11 September 2026
Audit Executive

RBSM Corporate Advisors Private Limited

Pune

CA

View Details
Company
16 September 2026
Internal Audit - Team Lead

Consulting & Beyond

Chennai

CA

View Details
Company
19 September 2026
CA/Semi-CA/BCom

Pravin Sarvaiya

Mumbai

CA Inter

View Details
Company
08 September 2026
Semi-Qualified Assitant

Subrahmanyam & Sivudu CA Firm

Hyderabad

CA Inter

View Details
Company
ARTICLESHIP 21 September 2026
CA Article Assistant

KK & Company Chartered Accountant

Pune

CA Inter

View Details