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Closing partnership firm
respected sir my query is How to close partnership firm and legal treatment of its debitor's & creditor's so that no facing any problem in future regarding sale tax office & income tax department.mention here that i have cancelled its tin number from department last year 2014-15 but assets and liability stand in last year balance sheet.
Replies (1)
its should be settled with respective partners...means...partner who take asset pay other the relevant share...
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