Partnership firm- how to close.
This query is : Resolved
GANGADHARA RAO
(Querist)
04 December 2018
Sir, please advise me, one of my client established a partnership firm in August-2018 and doing business up to October-2018 and turnover is 2 crores plus, due to their's some personnel problems they have decided to divide and close the firm, what is process to close the firm, please....
Nikhil Kaushik
(Expert)
04 December 2018
refer this https://cleartax.in/s/partnership-firm-dissolution
also refer section 176 of the Income-tax act for the taxation of the income earned during this period.
also refer section 176 of the Income-tax act for the taxation of the income earned during this period.
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