Hi, could you please suggest which itr need to be filed by a partner if
1. Partnership undergone Tax Audit under sec 44AB
2. Partner is receiving remuneration, Interest
and also please suggest what is the due date to file individual partner itr
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which itr and due date
Replies (2)
ITR 3 needs to be filed by the partner and due date for AY 18-19 is 31 October 2018. Although, tax liability, if any, shall attract interest u/s 234 a, b, c.
In addition to this, many people are facing problems regarding profit and loss account and balance sheet provided in ITR 3.
If partner has income only from partnership business, then select 00001 code in nature of business and select "No" for whether books to be maintained as per section 44AA. Also, fill 'zero' figure in no account case column of balance sheet and profit and loss account.
thank you so much
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