I am managing a partnership firm which has a turnover of 50
lakhs in its first year business i.e 2008-09 and in
previous financial year 2009-10 it has only 27 lakhs turn
over. Please let me know when we have to file our IT
return. whether it is before 31st July 2010 or 30th
September 2010.
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Answer Posted / guest
Sir as ur turnover for FY 2009-10 does not exceeds Rs.40
lacs, you are not required to do tax audit. So you have to
file ur return on or before 31st July 2010.
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