If an entity is changing thier form of business from proprtership to Pvt Ltd. Is it needed to change its PAN number newly ????
Kannan
Menu
PAN Number
Replies (4)
No...
PAN will remain same
but
the Company's Management has to file form regarding change in company's particulars in the prescribed form with the department....
yes, PAN needed to be changed because company is seperate legal entity and it is different from proprietorship......
| Originally posted by : Arvind | ||
 |
No... PAN will remain same but the Company's Management has to file form regarding change in company's particulars in the prescribed form with the department.... |
 |
but proprietorship and company will be treated as different person in the INCOME TAX ACT, 1961
| Originally posted by : GAURAV JAIN | ||
|
|
Originally posted by : Arvind No... PAN will remain same but the Company's Management has to file form regarding change in company's particulars in the prescribed form with the department.... but proprietorship and company will be treated as different person in the INCOME TAX ACT, 1961 |
|
Ok..,
I agreed..,
I missed that "propritorship" word....
Thanks.........
Recent Topics :
- How do you collect documents from clients for ITR
- GST ITC on Construction/ Tenant Specific Renovatio
- GST Treatment and Reporting of Share & Mutual
- AGM Defective Notice
- IMS Rejection of Sales and Sales return
- Taxation of Gift - Father to Daughter
- TDS on Property Purchased above 50lakh
- Accounting Treatment in Tally for Restaurant Sales
- Form 146 required
- Rule 86(B) Applicability
Related Topics :
CAclubindia
