A limited co. take over the running business of a firm
This query is : Open
10 February 2011
Dear All,
Please clarify following:
Existing Limited Company wants to takeover the running Partnership Firm and close sown the partnership firm.
In case of purchase whether stamp Duty will be applicable even though there are no fixed assets of Partnership Firm.
Is it possible that the main object of the company be changed to insert the take over object.
Please clarify following:
Existing Limited Company wants to takeover the running Partnership Firm and close sown the partnership firm.
In case of purchase whether stamp Duty will be applicable even though there are no fixed assets of Partnership Firm.
Is it possible that the main object of the company be changed to insert the take over object.
11 February 2011
yes, Your object clause need to changed in order to takeover the partnership firm.
You can also check your ancialliary object carefully, some times takeover clause you can find there.
You can also check your ancialliary object carefully, some times takeover clause you can find there.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- About TDS & Income Tax
- Tax on Deemed Capital Gain
- Scrutiny and reopening of past returns
- Pass word to open justification report for Q1 for FY 2026-27
- Section 194JA & JB Income which ITR Form to use
- PPF interest-As Exempt Income disclosure
- Booth for sales promotion
- F & O PROFIT REPORTING FOR AY 2026-27
- Regarding ITR filing with more value than showing in AIS/TIS
- Type of Capital Gain
- Difff in ais receipts and gst turnover
- ITR-3 File/Error Found
- Exiting partner in partnership firm in gst portal
- Taxability of credit in canara bank ET & T section (NRO)
- Consequences of Non-Deduction of TDS under Income Tax???????????????
- TDS on Rent received on redevelopment of building
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- Upload Level ValidationITR3Category of Defect B/D
- PF Taxable Income
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
