Conversion of proprietorship firm into partnership
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
23 September 2015
Dear experts,
i am engaged in proprietary firm and i want to admit one partner by converting into partnership please tell me can it convert or not as per income tax,
plz confirm.........
i am engaged in proprietary firm and i want to admit one partner by converting into partnership please tell me can it convert or not as per income tax,
plz confirm.........
23 September 2015
Yes. You can very well do that. No issues.
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