sir,
One partner expried during the year. and it was reconstituted with another partner taking into the partnership firm.
Now, the problem is whether Single Return of Income of the firm to be filed or more than one return of income has to be submitted.
Partner expired on 29.08.2012
the New partner was joined on 30.08.2012 by writing up a partnership deed new one means the old firm continued with other partners and also new partner.
the question is whether firm Return 01.04.2012 to 29.08.2012 One period [ ITR 5] to be filed
30.08.2012 to 31.03.2013 another period [ITR5] to be filed.
In the case of E-filling whether the System accepts the 2 Returns or not. If not what I should do?
CAclubindia
