Itr form selection ay 2018-19

ITR 239 views 1 replies

DINESH

Consultant

31 Points Joined June 2017

For AY 2018-19 , If some one has no propitory business , But having income as partner of a Firm ( Interest , Saary and Profit share ) what will be the ITR type ? In ITR 2 ther are no Schedule IF . Do we need to have ITR3 then ? Do we need to fill Part A - BS ?

Thanks,

Dinesh Nasipuri

Replies (1)

RAJA P M

"Do the Right Thing...!!!"

128116 Points Joined January 2015

Yes... You (Partner) use ITR 3 for income from Partnership Firm (even if partner doing proprietorship or not). He (Partner) can file no books of accounts case and with his income like "Salary, Interest and **Share"...