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conversion of partnership firm to sole proprietorship concer

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(Querist)
20 June 2011 sir one partnership concern is tax audit case for last 3 years, during yr 2010-11 it has converted to proprietorship concern, but both of it is tax audit u/s.44ab, but now whether proprietor ship is first year tax audit or it is continuos tax audit case
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Ravikant

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Ravikant (Expert)
20 June 2011 the status of assessee has changed and the proprietorship concern is a distinct assessee,liable as a new assessee with first year tax audit
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