IT Returns for designated partners of LLP

yes irrespective of loss or profit you need to file the income tax return. 

No.

Individual needs to file return only if their income is above the threshold limit i.e. 2.5 lakh

If it is below taxable income then it is not required but it is always advisable to file the same to avoid ambiguity 

Hello,

Individuals are required to file their return if their total income exceeds the basic exemption limit applicable to them.

Regards,

CA Hunny Badlani

Hi,

It is compulsory for LLP to file ITR.

If an individual has less than Rs.2.5 lakhs of income in a year, he or she is not required to file NIL return. However, it is recommended that an individual file NIL return, even if the taxable income is less than Rs.2.5 lakhs, if he/she had filed income tax return in the previous year.

Note: An individual can file income tax return, even if the taxable income is less than Rs.2.5 lakhs.

Yes, if the GTI exceeds Rs.2.50 lacs. 

No, it is not mandatory for designated partners to file return if their total income is less than 2.5 lacs.

Hi

Yes it's mandatory to file return for LLP as wel as for partners. 

Hope it helps 

Hi,

For LLP- It is mandatory to file return irrespective of losses occuring.

For Individual Partners- It is mandatory to file return for individuals if your gross total income during the year exceeds Rs. 2,50,000.