Take over assets of firm by newly form private co

Save Share

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

16 August 2012 when a newly formed private co is established and some of the assets of existing partnership is transferred to new co,what are the step by step method are require to follow?
or which is the book or site will helped to study?

Amol S Joglekar

Amol S Joglekar (Expert)
Follow

16 August 2012 Make separate deedes for movable and immovable assets transfer. For immovable assets, registration of the deed as per registration act needs to be checked. For movable, negotiated price shall form the base. Also keep one eye on the capital gain of the FIRM.

Querist : Anonymous

Querist : Anonymous (Querist)

17 August 2012 how it become ease for making two separate deeds ?

Amol S Joglekar

Amol S Joglekar (Expert)
Follow

17 August 2012 immovable property... registration of deed is compulsory where as movable property registration is not compulsory.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now