The end
This query is : Resolved
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
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
17 April 2014
There are not such rules & regulations in proprietorship and also in partnership if the firm is not registered.
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.
17 April 2014
if you close business then you have to inform 15 days from the close of business u/s 176(3)
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Capital gains-24.06.2025
- Clarification on Old to new regime - 10-IEA
- MP Minimum Wages Act
- FNO transaction not reflecting AIS
- Return forms related
- Imps payment related
- Regarding to Gift Received from relatives
- STCG on equity shares/ETF-24.06.2025
- Can ITR 4 be used for reporting LTCG - FY24-25
- RODTEP Annual Return
- AIS reflecting Aggregate interest on kvp, not accrued .
- PTEC Name Change
- GSTR 1 filled with 40 lakh tax liability but GST 3B filed with nil taxable value
- Regarding Interest on Enhanced Compensation
- Whether in Notes to accounts shown as
- New GST Registration with 02 company
- In elgible ITC claimed in FY 2021-22 & 2022-23 is it to be paid through DRC03 or to reverse it
- Rent agreement prior to incorporating a Company
- REGARDING CAPITAL CONTRIBUTION BY PARTNER
- ITC 04 for Job work
Trending Online Classes
-
Live Course on EPF & ESI Act - Mastercourse(With Govt Certificate)
Mr.Balamurugan Ranganathan16 June 2025
CAclubindia
