Return file for partnership fiem

Can I file nil return for FY 2019-20 without the firm being audited, if the firm have turnover of 58 lakhs?

Replies (8)
Quick Summary
This discussion addresses whether a partnership firm with a turnover of 58 lakhs can file a nil return for FY 2019-20. While a tax audit might not be mandatory, filing a return is. The conversation clarifies that filing the return for FY 2019-20 after the 31st March deadline is not possible, and unfortunately, there's little that can be done at this point.

Not mandatory

Is it not mandatory to file return?

I mean tax audit is not mandatory, chk 44AB

There is no audit requirement but return filing is mandatory for Firm - partnership firm and proprietory firm.

Thanks for your valuable replies.

Can I file the return of FY2019-20 TODAY i.e. 01/04/2021m

Can not file today. 31st March was last date

Sir, what can I do now?

You can not do anything now. Relax 

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