How to add Information regarding partnership firms in ITR

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#1

where do you add profit from partnership firm LLP in ITR 3? I dont have the revenue, asset and liability details

#2

Hi @hasnain_p, as of now we don’t support adding profit from partnership firm LLP in ITR 3. If you need personalized assistance we could help you with an assisted plan to help you file your ITR. Please let me know, if I could be of any more assistance, would love to help.

#3

Does Partner of the Partnership Firm has to file ITR ?

#4

Hi @Private

Partners have to file their return irrespective of their total income as he is earning remuneration, interest, and also in some cases share of the profit as well.

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#6

you updated your answer.

Can you please clarify that if partners income is below 2,50,000, does he’/she has to file ITR ?

#7

Hi @Private

Yes, a return must be filed even if the partner’s income is less than 2.5 lakhs.