On the basis of above informations, you are required to give the following answers: (i) What is the due date for filing its return u/s 139(1) if firm opts to pay tax under presumptive taxation scheme u/s 44ADA? (ii) What

Due date of filing of Return u/s 139(1) of Partnership Firm Particulars Due Date i. If firm opts to pay tax under presumptive taxation scheme u/s 44ADA: In this case Audit u/s 44AB is not required, hence due date of filing of return u/s 139(1) is 31st July of the relevant assessment year. 31st July, 2024 ii. If firm does not opt to pay tax under presumptive taxation scheme u/s 44ADA: In this case Audit u/s 44AB will apply as receipts exceeds ₹50 lakhs and due date of filing of return will be 31st October of the relevant assessment Year. 31st October, 2024