The end

This query is : Resolved

Shivani (Querist)
Follow

17 April 2014 A proprietor wants to end his business.

What is the procedure for it?
What formalities he need to fulfil?

What will be the situation if a partnership firm wants to end its business?

Regards
Shivani

Sandeep Dharar

Sandeep Dharar (Expert)
Follow

17 April 2014 There are not such rules & regulations in proprietorship and also in partnership if the firm is not registered.

Nikhil Kaushik

Nikhil Kaushik (Expert)
Follow

17 April 2014 if a partnership wishes to end any business, in income tax you need to inform the AO under section 176 within 15 days of the closure.

Rupesh Jain

Rupesh Jain (Expert)
Follow

17 April 2014 if you close business then you have to inform 15 days from the close of business u/s 176(3)

Shivani

Shivani (Querist)
Follow

18 April 2014 thank you gentlemen

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

Summarize this with AI

ChatGPT Perplexity Claude Google AI Grok

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

vinod

sandhya.v

Suneel Shah

NICKOONJ VANANI

CA.K.RAMAKRISHNA. PRABHU

Subscribe Now

The end

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

CA Final

Article Assistant

Accountant

GST CONSULTANT

GST CONSULTANCY