Partnership change reporting time

In how much time should the details of change in partnership be reported in the banks, NSDL & Income Tax office? Also, what is the penalty if any?
Replies (1)

immediately  after the formation of new partnership agreement 

its  for bank  only 

for NSDL/UTISL income tax it does not applied, unless the partnership is dissolved and pan number is likely  to get surrendered 

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register