Change of entity from partnership to private limited co
This query is : Resolved
12 February 2019
Hi,
Please note that our partnership firm converted to private limited co from September 2018. We got gst registration also. Please let me know whether current stock of partnership can be transfered to private limited co.
Whether any entry to be passed in the books regarding stock of accounts of partnership
Thanks
Please note that our partnership firm converted to private limited co from September 2018. We got gst registration also. Please let me know whether current stock of partnership can be transfered to private limited co.
Whether any entry to be passed in the books regarding stock of accounts of partnership
Thanks
14 February 2019
yes, your private limited company shall be eligible for ITC through stock transfer.
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
- CAPITAL GAIN BASE ON NOTIFICATION
- Form 140 tds
- ADVANCE PAYMENT OF ADVOCATE
- Unregistered suppliers utility
- NRI starting business in India
- ITDS U/S.194T of Firm
- Capital gain on sale and purchase of plot
- GST not cancelled by tenant
- Demand Outstanding AY 2013-14 TDS Deducted not shown in 26as
- UNWANTED CREDIT BALANCE OF GST AS PER BOOKS
- CREDIT NOTES WITHOUT GST
- Taxable or Tax exempt
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
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
