Hello Sir/Mam
I want to know that Can i Fill ITR V or ITR 5 myself ? for my self-name Firm
Is there any need of CA ? I have turnover less than 10 lakh only.
Is it necessary to fill up balance sheet and p&l ?
Thank you
27 Replies
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(178379 Points)
Replied 24 July 2018
May I know why you selected ITR5 and not ITR4?
Sam Singh
(Others)
(163 Points)
Replied 24 July 2018
| Originally posted by : Dhirajlal Rambhia | ||
 |
May I know why you selected ITR5 and not ITR4? |  |
Sir, I didn't selected this my CA did this. My Nature of business is Website and blogging.
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(178379 Points)
Replied 24 July 2018
Is your's Parnership firm or proprietorship?
Sam Singh
(Others)
(163 Points)
Replied 24 July 2018
| Originally posted by : Dhirajlal Rambhia | ||
|
Is your's Parnership firm or proprietorship? | |
Its proprietorship only.
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(178379 Points)
Replied 24 July 2018
Then ITR5 not applicable in your case........ How you say your CA suggested a form which is applicable to Partnership firm (AOP etc.); but not suitable to proprietor?
Sam Singh
(Others)
(163 Points)
Replied 24 July 2018
I don't know sir. I am filling it for the last 3 years with ITR 5 only. It's proprietorship because I am the sole person who is working only with my team on My name only.
If my CA made this Partnership firm is it ok ? Because i am doing it alone. Please tell me can i file ITR 5 my self ?
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(178379 Points)
Replied 24 July 2018
My dear, you cannot select right form....... how can I allow you to proceed......
Better contact any local TRP....... google it....... that will be economical affair...
Sam Singh
(Others)
(163 Points)
Replied 24 July 2018
What if its Parnership firm then ITR 5 is ok ?
Sir can i file ITR 5 if this the correct one ?
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(178379 Points)
Replied 24 July 2018
|
What if its Parnership firm then ITR 5 is ok ? Sir can i file ITR 5 if this the correct one ? |
|
For partnership firm ITR5 and ITR4........ both are correct one, but again there are certain reasons to choose ITR4 or ITR5........
& what if you do not know the constitution of your own firm..... whether it is partnership or not !!!
By the way who are your partners? what is your percentage in partnership?
Sam Singh
(Others)
(163 Points)
Replied 25 July 2018
Thank you sir, My last year ITR filled with ITR 5 Where to check its partnership firm or proprietorship?
Sorry but I am new to this thing.
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(178379 Points)
Replied 25 July 2018
Well, what is the PAN number for which you are filling ITR5?
Give me just 4th letter of PAN number....
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(178379 Points)
Replied 25 July 2018
So, you cannot file ITR 5......
Had it been F........ you were eligible.....
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