In case of takeover of a firm by a company(formed for the purpose of taking over of the business of the firm), is there any requirement that the firm must be in existence for atleast one year?
Menu
Conversion of firm to company
Replies (1)
Dear Friend,
This is the case of takeover. When company takesover any firm, this means partners capital and other liabilities are paid off by means of shares in the copany or by cash or any other mode and firm gets dissolved. Then where from this requirement born. It is obvious.
Recent Topics :
- Clarification on September 2026 PF Calculation for
- DRC-03 interest paid under CGST/SGST instead of IG
- GSTR1 amendment Bulk bills
- Capital Gain on Sale of Gold
- GST SALES RETURN MISSING 2025-26 FY
- Enquiry on FAST-DS system generated email
- Capital gain on sale of agriculture land
- Demand from TRACES
- FY 2025-26 ITC CLAIM DUE DATE
- 96084000 and 48202000 HSN code ka Tax Rate kya hai
Related Topics :
CAclubindia
