unregistered partnership & IT return

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  #1  
Old 4th April 2008, 11:43 AM
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Default unregistered partnership & IT return



Is it mandatory/ compulsory for a unregistered partnership firm to submit IT return even if it has been incurring loss? Is the position any different if such a firm has obtained a PAN number?
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  #2  
Old 4th April 2008, 11:52 AM
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Default Re: unregistered partnership & IT return

if it is incurring losses, it in not compulsory. but to carry forward losses to be set off in future years, you have to file the return before the due date for filing returns.
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  #3  
Old 9th April 2008, 10:29 AM
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Default Re: unregistered partnership & IT return

Quote:
Originally Posted by sudip kar purkayastha View Post
Is it mandatory/ compulsory for a unregistered partnership firm to submit IT return even if it has been incurring loss? Is the position any different if such a firm has obtained a PAN number?
I differ with chiru....

Any firm (profit or loss) has to compulsorily file its return....
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  #4  
Old 12th April 2008, 08:06 PM
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Default Re: unregistered partnership & IT return

From asst.year 2006-07 any firm (profit or loss) has to compulsorily file its return. Thanks diosys for correcting me.
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