27 January 2024
How to get refund of Closed Partnership Firm in partner Account, in which assessment has been made & refund failure due to account closed.
10 July 2024
To process a refund for a partnership firm closing its operations, follow these steps: update bank account details, write a letter to the income tax department, submit the request, and follow up with the department. Provide accurate information and follow up regularly to ensure prompt processing. Consult a tax advisor or chartered accountant for personalized guidance if needed.