What is the Due date for unaudited Propreitory concern.
Is there any exception in case of loss incurred by propreitory firm.
9 Replies
CA Saurabh Shukla
(Accounts Executive)
(223 Points)
Replied 27 June 2010
Due Date for Propreitory firm is 31 July.
If there is Loss, ensure that Return fill on or before date for C/F Loss.
Correct me if I m not correct
CA. Abhishek K. Pandey
(Manager (Advance))
(901 Points)
Replied 27 June 2010
Yup ! due date for an unaudited proprietary concern is31st July. And as CA Saurabh Shukla say, it should be filed before due date in case of loss to avail benefits.
RAKESH
(Almost CA)
(2199 Points)
Replied 27 June 2010
ya due date for non audit cases is 31st July and if there is any loss in the current year the return has to be filed within the due date u/s. 139(1) to avail the carry forward benefits .
hyponkshe
(chartered accountants)
(73 Points)
Replied 27 June 2010
31st July 2010 for the assessment year 2010-2011
Pinky Kataruka
(CHARTERED ACCOUNTANT)
(29 Points)
Replied 28 June 2010
31 st July '10 for the A.Y.2010-11.
Nitin Grover
(CS)
(1228 Points)
Replied 28 June 2010
if no loss
then you can file upto March 31, 2011 with fine on Tax @ 1% P.a. on Tax
also upto March 31, 2012 with Fine on Tax + 5000 rs u/s 139 ( can be imposed)
Regards
manish
(Article Assitant)
(358 Points)
Replied 01 September 2010
Is there any exception to show all the bank accounts of the assesee of the proprietory concern.?
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