IN CASE OF PARTNERSHIP AUDIT CASE U/S 44AB OF THE I.T. ACT, IS WEALTH TAX RETURN 'BB' IS TO BE FILED OF FIRM OR FIRM'S PARTNERS IN INDIVIDUAL CAPACITY AS CBDT HAS MADE MANDATORY FOR COMPANY & ASSESSEE -(LIABLE FOR TAX AUDIT US/ 44AB)
14 July 2014
for firm there is no wealth tax payable as per wealth tax act so no need to file for firms but only for partners if its applicable then only file form BB online
CAclubindia
