Itr
This query is : Resolved
26 March 2014
one of my client has registered a firm but not yet done any kind of business and not a single rs is earned or expended.
is he required to file ITR for partnership firm for previous years??
now out of the three partners has retired and single partner wants to convert that into sole business firm .what are the formalities??
pls suggest
thanks
26 March 2014
if the firm is in existence on 31 March, the return has to be filed compulsarily...
you need to close the partnership, surrender the PAN and other registrations.
you need to close the partnership, surrender the PAN and other registrations.
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