New partnership firm income tax return

mahendra sahoo (Gst Practicion) (700 Points)

09 July 2018

New partnership firm registered in Feb 2018. There is no income recognized during 2017-18. Is it required to file income tax return?

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Ruchika Somani (Coaching and Practice in Tax Audit Law.) (4429 Points)
Replied 09 July 2018

YES, A NIL RETURN CLAIMING EXPENSE, IF ANY FOR SET UP NEED TO BE FILED.

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RAJA P M ("Do the Right Thing...!!!") (127977 Points)
Replied 09 July 2018

Originally posted by : mahendra sahoo
	New partnership firm registered in Feb 2018. There is no income recognized during 2017-18. Is it required to file income tax return?

Yes... Filing required

mahendra sahoo (Gst Practicion) (700 Points)
Replied 09 July 2018

when the due date of return filing in this case ?

RAJA P M ("Do the Right Thing...!!!") (127977 Points)
Replied 09 July 2018

Will be file on or before 31st July 2018.

Deepika Yadav (561 Points)
Replied 09 July 2018

Yes, for partnership firm is mandatory to file itr whether has income or not

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