Conversion of proprieotship into pvt ltd.co.
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
27 August 2012
Dear Sir,
I am having a propritor ship company I want to convert in to pvt ltd co. so what is the procedure for that and what expenses should I have to pay for that.
Thanks
Amit
I am having a propritor ship company I want to convert in to pvt ltd co. so what is the procedure for that and what expenses should I have to pay for that.
Thanks
Amit
CA Amit Jaiswal
(Expert)
27 August 2012
You will have to form a company with the desired name.
Don't forget to mention in the object clause "to carry on the business of ......"
For Income Tax this will not be a transfer and will be exempt from Capital Gains.
All the Best.....
Don't forget to mention in the object clause "to carry on the business of ......"
For Income Tax this will not be a transfer and will be exempt from Capital Gains.
All the Best.....
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