A Partnership Firm has discountinued its business.
Only asset FIRM owns is its office in Mumbai which is LET OUT! TDS is deducted by the LESSEE.
Whether Balance Sheet is to be drawn and filed with ITR 5 ?
Is it mandatory to file Assets & Liabilities Statement ?
Is it mandatory to show Capital of each partner in the ITR?
Thank you so much for kind advice!
Valerian DSouza