Propreitorship to company


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Querist : Anonymous

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Querist : Anonymous (Querist)
16 May 2012 i want 2 no its better 2 convert proprietorship into pvt company, or to start a new company as i hve 2 transfer assets from proprietorship to comapny wid less income tax implications???
plz gudie me d tax implications in both d cases.

16 May 2012 The crux of the issue is "lump sale/purchase" versus "sale/purchase on asset by asset basis" Both rank pari pasu.


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