banner_ad

How to merge propritorship & partnership firm

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
25 December 2018 my client has proprietorship & one partnership firm in which he is active partner. he has taken government contracts. the turnover of the individual firm or proprietorship is not upto the condition in which contract is given. if both the firm merged then condition of the turnover is fulfiled. in such situation kindly give me advise
Profile Image

CA Mohit Bansal

Profile Image

CA Mohit Bansal (Expert)
25 December 2018 there is no such method or procedure is specified by the law for merging proprietor and partnership. For the sake of presenting clubbed figures you may simply consolidate the financials of the two firms in that way your purpose may fulfil.
Profile Image

Mayur

Profile Image

Mayur (Expert)
26 December 2018 You just have to prepare a amendment deed of partnership for the admission of the proprietor to the partnership firm and get it notarized.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
09 May 2026
Audit Manager

Kanna and Associates

Coimbatore

CA Inter

View Details
Company
22 May 2026
U.S. Financial Reporting & Consolidation Manager

Karia Overseas

Ahmedabad

CA

View Details
Company
08 May 2026
CHARTERED ACCOUNTANT

SHAH LADHA AND ASSOCIATE

Ahmedabad

CA

View Details
Company
07 May 2026
CA Assistant

amit desai and co

Mumbai

CA Final

View Details
Company
12 May 2026
Accounts Executive

Nafa Group

Mumbai

B.Com

View Details
Company
27 May 2026
Audit Assitant

Virender K Gupta and Co

New Delhi

B.Com

View Details
Company
26 May 2026
CA / MBA (Finance) / CMA / M.Com (Finance)

Sri Aurobindo Gnostic Centre of Education

New Delhi

CA

View Details
Company
19 May 2026
Article, CA & Paid Assistant Positions

Aggarwal Sarawagi and Co

New Delhi

CA

View Details