Itr 4s

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Querist : Anonymous

Querist : Anonymous (Querist)

18 June 2015 Can a partnership firm opting a scheme u/s 44AD fil ITR4s. IF not then which form will be applicable for partnershipfirms covered u/s44AD. on the income tax portal it has been written itr4s isfor individuals & huf having income from presumptive basis. please reply its urgent....

Ankur Singhal

Ankur Singhal (Expert)
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19 June 2015 Dear you have to file ITR 5 compulsorily.

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Querist : Anonymous

Querist : Anonymous (Querist)

19 June 2015 THEN HOW WE WILL SHOW INCOME ON PRESUMPTIVE TAXATION SCHEME IN ITR5 AND ALLOWED REMUNERATION & INTEREST TO PARTNERS, AS PERSON OPTING U/S 44AD HAS NOT PREPARED BOOKS OF ACCOUNTS AND BS. PLEASE CLARIFY?

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