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Is a digital signature required for ITR filing compliance in partnership?
Yes, in case of online filing of the ITR, the digital signature of the partners is required.
Can the annual compliances of a partnership be filed online?
Yes, the entire process of the ITR filing and audit can be done online.
Is a partnership firm required to file GST returns?
A partnership having GST registration is required to file returns on GST portal. :
Is it necessary to register a Partnership?
No, it is not necessary to register a partnership. However, it is advised to get the firm registered to give it a legal identity. Annual compliances are mandatory irrespective of the registration status of the partnership.
What is the capital required to start a partnership firm?
There is no minimum capital limit for starting a Partnership firm. So, a partnership firm can be commenced with any amount of capital.
