Dharmendra Jha (Asst. Manager Finance) (100 Points)
24 July 2010Dear All,
if in a partnership a,b and c are partner c due to age expiry c's deth was held on 8/12/09 and we
have to prepare income Tax return as on 31.03.2010 than what treatement will be suitable as per
income tax , is this firm's balance sheet will be in two part before deth and after deth if yes then
how will we furnish this return in ITR-5? please clearify deeply.
CA Ayush Agarwal
(Kolkata-Pune-Mumbai)
(27186 Points)
Replied 24 July 2010
Dharmendra Jha
(Asst. Manager Finance)
(100 Points)
Replied 24 July 2010
Ok Ayush ,
but i just want to know is it difference from ordinary fim's return or have handeled this types of case?
Dharmendra Jha
(Asst. Manager Finance)
(100 Points)
Replied 24 July 2010
what treatment will be suitable for income tax return
purpose, which balance sheet will be shown in ITR-5 if
any person have any idea about it then please suggest
me urgently.
CAclubindia
