uploading of Form 29B

[HELEN JUDE]

I have PARTNERSHIP FIRM and am asked file the Form 29 B to the renewal of IATA registration. But I have not yet earned taxable income. So how will I follow this procedure?

[kalyanaraman Venkatraman]

You need to file Form 29C not 29B if your adjusted total income exceed ₹ 20.00 Lakhs.

AI Summary

Form 29C requirement: file Form 29C instead of Form 29B when adjusted total income exceeds the statutory threshold. The operative requirement is that Form 29C, not Form 29B, must be filed where the partnership firm's adjusted total income exceeds the prescribed threshold for elevated filing obligations.