Hi Sir,
I have made payment of Rs.7,00,000/- to a retiring partner of my Firm. I have prepared and notarised the retirement deed. However, Shall I need a settlement letter for the payment ? If so, what should be the process, shall I take the Money receipt of Rs.7,00,000/- Lakh on plain paper or use Rs.1/- Bond paper or a stam paper will require to take the signature of the retiring partner.
SIR,
AFTER SURRENDERING THE ST REGISTRATION ONLINE WHAT IS THE NEXT PROCEDURE? WHETHER WE HAVE TO SUBMIT THE COPY OF SURRENDERED ST2 ALONG WITH THE 3 YEARS BALANCE SHEET, P & L AND COPY OF 6 HALF YEARLY RETURNS.
THANK IN ADVANCE FOR YOUR VALUABLE SUGGESTIONS.
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Payment to retiring partner