If an entity is changing thier form of business from proprtership to Pvt Ltd. Is it needed to change its PAN number newly ????
Kannan
Kannan Iyappan (Company Secretary) (1496 Points)
10 September 2010If an entity is changing thier form of business from proprtership to Pvt Ltd. Is it needed to change its PAN number newly ????
Kannan
Arvind Sharma
(ACA)
(1432 Points)
Replied 10 September 2010
No...
PAN will remain same
but
the Company's Management has to file form regarding change in company's particulars in the prescribed form with the department....
GAURAV JAIN
(C.A. F!N@L Group-1 Clear...)
(278 Points)
Replied 10 September 2010
GAURAV JAIN
(C.A. F!N@L Group-1 Clear...)
(278 Points)
Replied 10 September 2010
Originally posted by : Arvind | ||
No... PAN will remain same but the Company's Management has to file form regarding change in company's particulars in the prescribed form with the department.... |
but proprietorship and company will be treated as different person in the INCOME TAX ACT, 1961
Arvind Sharma
(ACA)
(1432 Points)
Replied 10 September 2010
Originally posted by : GAURAV JAIN | ||
Originally posted by : Arvind No... PAN will remain same but the Company's Management has to file form regarding change in company's particulars in the prescribed form with the department.... but proprietorship and company will be treated as different person in the INCOME TAX ACT, 1961 |
Ok..,
I agreed..,
I missed that "propritorship" word....
Thanks.........
Landmark Judgments: Important Provisions of the EPF & ESI Act interpreted by the Honorable Supreme Court of India