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Which itr form

SSG (1936 Points)

25 September 2018

Which ITR form is to be filed for AY 2018-19 for an assessee (not having any proprietorship business) being partner in various partnership firms?

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8 Replies

vijay mohan (182 Points)
Replied 25 September 2018

PARTNER IN PARTNERSHIP FIRM CSN FILE RETURN IN FORM 3

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SSG (1936 Points)
Replied 25 September 2018

Unlike info. required in ITR-2 (AY 2017-18), we dont need to provide Salary, Commission and Interest received from each firm PAN wise? Please confirm that the info. relating to Salary, Commission and Interest received from the firms will be given, collectively, only in Point 24 of the Schedule BP.

vijay mohan (182 Points)
Replied 25 September 2018

ITR 3 SHOULD BE FILED

RAJA P M ("Do the Right Thing...!!!") (128091 Points)
Replied 26 September 2018

@ SSG.,

ITR 3 only Applicable...

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SSG (1936 Points)
Replied 26 September 2018

Thanks Raja ji.

Please confirm that in ITR-3 the info. relating to Salary, Commission and Interest received from the firms will be given, collectively, only in Point 24 of the Schedule BP.

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RAJA P M ("Do the Right Thing...!!!") (128091 Points)
Replied 26 September 2018

Originally posted by : SSG
	Thanks Raja ji. Please confirm that in ITR-3 the info. relating to Salary, Commission and Interest received from the firms will be given, collectively, only in Point 24 of the Schedule BP.

Yes... You can.

Share will be shown under Sch-EI - 5

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SSG (1936 Points)
Replied 26 September 2018

Can the assessee, having income - salary, interst on capital and profit from partnership firms, claim for any expenses from the income earned from partnership firms. If yes, where these expenses will be shown in ITR?

Please guide.