Conversion of Partnership firms in to a new Company
This query is : Resolved
Panduranga
(Querist)
26 December 2008
Sir,
There are 3 seperate partnership firms. I need to convert them in to a New Private limited Company. how to do it without attracting Capital Gain.
There are 3 seperate partnership firms. I need to convert them in to a New Private limited Company. how to do it without attracting Capital Gain.
26 December 2008
if you make all the partners Directors and they hold the same sharing pattern, then it should be possible. Are there any immoveable properties in the firms.
Panduranga
(Querist)
27 December 2008
Thank you sir.
But there are three partnership firms, how to asign same sharing pattern to all partners?
Yes there are immovable properties in all three firms.
Is it compalsary that all partners to be directors or is it enough if they are only members.
But there are three partnership firms, how to asign same sharing pattern to all partners?
Yes there are immovable properties in all three firms.
Is it compalsary that all partners to be directors or is it enough if they are only members.
Panduranga
(Querist)
03 January 2009
waiting for replies please...
Dhirajlal Rambhia
(Expert)
23 June 2023
"Sorry, I am not a featured member."
For featured members contact....
https://www.caclubindia.com/catalogue/featured.asp
For featured members contact....
https://www.caclubindia.com/catalogue/featured.asp
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
- Depreciation Chart Companies Act
- GST Audit whether Govt Companies are exempt?
- PTRC Show Cause Notice on Email
- Accounting treatment of AMC alongwith the purchase of Laptop
- Unable to File TDS Q2 Return – New TRACES Portal Error
- Transfer of Physical Stock Between Two Proprietorship Concerns
- Taxation of crypto futures in India Fy 2026- 2027
- EPF ECR NEW RULES Sep 17th 2026
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- Not ordinarily resident having partnership income in India and salary in USA is any form to filed be
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
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
