Fixed asset transfer from partnership firm to pvt ltd co

Procèdure:
1. evaluation of machinery.
2. valuation as per books.
3. loss or gain capital receipt
4. sale agreement between pvt limited co.
5. credit the proceeds to partnership Co.
6. t
gst bill tax invoice nature of machinery not mentioned so HSN code cannot be ascertained.
7. pass necessary entries .
cr. machinery
dr. Bank
dr. loss
cr. gain
as the case may be.