Poonawalla fincorps
Poonawalla fincorps

Audit and itr for partnership firm

This query is : Resolved 

15 March 2018 In case of a partnership Firm suppose if there is gross receipt is up to Rs. 150000 and Loss during the year is Rs. 30000.
Will the Tax Audit required for such firm?? If the firm has not opted 44AD.
And
Which ITR form is to be filed for Firm as well as for Partners for AY 2017-18.
Thank You

15 March 2018 you have to file ITR-5 , Tax audit not required in case of loss,



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