Conversion of private limited into partnership firm
This query is : Resolved
CA.Mirza Abid Beg
(Querist)
20 March 2015
Dear Experts,
Anyone provide the procedure that how to convert a private limited into ordinary partnership firm.
Anyone provide the procedure that how to convert a private limited into ordinary partnership firm.
CS JAY GOHIL
(Expert)
21 March 2015
not possible,
one way is there
first close company and built new partnership in old name & business in this case transfer of asset bring capital gain on company
AS PER MY VIEW, CONVERT COMPANY TO LLP IS FAVOURABLE AND NO CAPITAL GAIN IS ATTRACTED ON TRANSFER OF ASSETS
one way is there
first close company and built new partnership in old name & business in this case transfer of asset bring capital gain on company
AS PER MY VIEW, CONVERT COMPANY TO LLP IS FAVOURABLE AND NO CAPITAL GAIN IS ATTRACTED ON TRANSFER OF ASSETS
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