Question ID :
40480
079710
I am a working partner of partnership firm and firm is liable to audit u/s 44ADA (since firms profit is less than 50% of turnover) . Besides drawing the salary , I have some additional business income in my personal capacity . Should I liable to audit my other business /profession receipts too ? Further I have filed my ITR AY 19-20 considering that my due date is 31st Oct, 2019 whereas the intimation shows due date as 31-08.19 . Is department is correct as he demand Late fee of Section 234F .
or Alternatelvely we have to file 154 as where in ITR is to be shown that I am working partner so due date of filing is 30th oct
posted by
SANDEEP KAPOOR
on
Nov 22 2019 12:00AM