Dear All Member Kindly give me answer of below mentioned Details
1- Whether Tax Audit Required if No Business Conduct during the F.Y. 2019-20
2- Which ITR Required for Partnership Firm
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Whether Tax Audit Required If No Business Conduct By Partnership Firm
Replies (2)
Quick Summary
1) No
2) ITR 5
2) ITR 5
(1). No Tax Audit U/s 44AB of the Income Tax Act 1961 required if no business was conducted.
(2). Partnership Firms / LLP's are required to file ITR 5.
(2). Partnership Firms / LLP's are required to file ITR 5.
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