Which ITR form suitable

vinod kumar pal (Tax Consultant) (415 Points)

19 July 2018

Dear sir please tell me which ITR form suitable for partnership firm
thanks

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Sarath Rajendran (Nil) (2791 Points)
Replied 19 July 2018

ITR 5 and ITR 4 (Partnership firm)

RAJA P M ("Do the Right Thing...!!!") (128091 Points)
Replied 19 July 2018

Originally posted by : vinod kumar pal
	Dear sir please tell me which ITR form suitable for partnership firm thanks

ITR 5 for U/s 44AA...

If eligible business ITR 4 for U/s 44AD (T/o upto 2crs)...

If Professionals then it's various.

vinod kumar pal (Tax Consultant) (415 Points)
Replied 19 July 2018

Firm Registered on November 2017 and upto march 2018 total turnover is Rs 5 lac only

RAJA P M ("Do the Right Thing...!!!") (128091 Points)
Replied 19 July 2018

What is your nature of Business ?

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vinod kumar pal (Tax Consultant) (415 Points)
Replied 20 July 2018

Nature of business is jobwork on electricals goods and automobile parts etc

RAJA P M ("Do the Right Thing...!!!") (128091 Points)
Replied 22 July 2018

Yes... You can opt under sec 44ad...

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