Conversion of aop to another form of entiry

Hemanth Patwari (Article)     26 November 2018

Hemanth Patwari
 34 points

| My Other Post

What is the procedure for conversion of AOP into an LLP or a Private Limited Company ? 

What are the tax implication and the legal issues involved ?


Vishesh Surana   26 November 2018

Vishesh Surana

 293 likes  4852 points

View Profile | My Other Post

Such conversion would attract the capital gain tax , as it is not specified under section 47 of the IT Act, 1962 i.e certain transaction not to be regarded as transfer.

Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Popular Discussion

view more »