Effects of conversion into LLP of a partnership.

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Practice
75 Points Posted on 10 March 2024
Does the PAN of a partnership firm change if it converts to LLP? If no is the answer, there shouldn't be any change in Income Tax and GST registration??
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On 10 March 2024 at 16:15 Report
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This discussion explores the implications of converting a partnership firm into a Limited Liability Partnership (LLP). Key questions revolve around whether the firm's PAN (Permanent Account Number) changes upon conversion. The participants also question the subsequent impact on Income Tax and GST registrations, with a suggestion that changing the PAN might be advisable.

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Profession
28261 Points Posted on 11 March 2024
There are various aspects
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On 11 March 2024 at 10:29
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Practice
75 Points Posted on 11 March 2024
Can u pls elaborate?..If ok can u pls discuss over phone?
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On 11 March 2024 at 13:29
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Profession
28261 Points Posted on 12 March 2024
Better to change the pan number.
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On 12 March 2024 at 11:57

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