When an existing Partnership Firm is converted into a Private Limited Company, whether partial transfer of Assets is allowed or is it compulsory to transfer all the assets and liabilities to the emerging Private Company as on the date of conversion?
Menu
Conversion of Partnership into Private Company
Replies (3)
If it is converted to private limited company then all the assets should be transferred to the new company
It's sane in case sole proprietor and also private limited concern.
Yes......
Recent Threads
- GST RCM Liability on Royalty on Gujarat State
- Head of income for TDS u/s 194JB
- Property purchase value acquired before 2001
- Error in ITR3 - OS sheet.
- 57th GST Council Meeting: Rate Rationalization on
- Can I amend Bills of Gstr1 after filing for itc re
- REITS and which itr ?
- LONG TERM CAPITAL GAIN ON SALE OF listed SHARES
- AI Tools for Accounting
- Commission are brokerage
Related Threads
CAclubindia
