Closure of partnership firm

This query is : Resolved

kalpesh (Querist)
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04 December 2014 i want to close my partnership firm and construct new firm. so what is the procedure required to follow regarding the matters of income tax like pan, tan, tds etc.

Amol S Joglekar

Amol S Joglekar (Expert)
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04 December 2014 Make a dissolution deed.
If your firm is registered under Registrar of Firms, notify this change to Registrar of Firms.
Apply for cancellation of PAN, TAN, VAT, P TAx, Shops and EStd etc.

For opening the new firm you can follow the same procedure as you followed while opening the existing firm which you are intending to close.