Filling Income Tax Return of Person having Only Income from Partnership Firm (Salary or Remuneration, Interest and Profit from Firm)

In this article we are going to discuss which Income Tax Return (ITR) Form to be used by Person having Income from Partnership Firm only for AY 2020-21 FY 2019-20

If you are Partner in any Partnership Firm and getting income as Salary or Remuneration from Partnership Firm, Interest on Capital Invested and Share of Profit or Loss in Firm. Then you have to File your Income Tax Return (ITR) in ITR - 3 declaring your Share of Profit or Loss, Interest on Capital and Share of Profit or Loss.

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