dhiren bole (127 Points)
06 July 2018
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(178226 Points)
Replied 06 July 2018
No...... if he is not having any proprietorship business.....
Anjali P Nair
(ACA,ACMA)
(582 Points)
Replied 06 July 2018
ITR 3 is mandatory for partners of firm from AY 2018-19 onwards.
If P& L is not filled notice under section 139(9) will be issued showing as defective return.Experts are of the opinion that give clarifications to such notice based on Incometax Act & Rules.There is no clarification regarding this till now.
KOUSHAL JAIN
(Chartered Accountant)
(471 Points)
Replied 06 July 2018
No, Not Required to file BalanceSheet and Profit and Loss Account
CAclubindia
