banner_ad

Stock transfer from individual to partnership firm

Tax queries 589 views 5 replies

Mr. X is Individual Person
ABC Co. is the Partnership Firm

Mr. X is the Partner of ABC Co.
ABC Co. is running a business of Trading and Manufacturing
of Silver Ornaments.

Mr. X having Stock of 80kg Silver Bullion in his Individual
Books of Accounts now he wants to introduced this stock into ABC Co. 
as a capital, so is he liable to pay capital gain tax ?

is there any requirement of notorised deed for stock transfer
from Individual to partnership deed? if yes i need the format 
for the same.

Replies (5)
Mr. X have silver bullion as stock or Capital Asset
as a stock
Then there will be no capital gains..
i need a format for the same
is this transfer creates any GST Registration liability for Partner if transfer is exceeds Rs.20 lakh ?


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 31 May 2026
Article Assistant

KPRS And Associates

New Delhi

CA Inter

View Details
Company
19 May 2026
Article, CA & Paid Assistant Positions

Aggarwal Sarawagi and Co

New Delhi

CA

View Details
Company
21 May 2026
Associate

PWC

Kolkata

CA

View Details
Company
ARTICLESHIP 27 May 2026
CA Article Trainee

Rahul Dang & Associates-Chartered Accountants

Pune

CA Inter

View Details
Company
22 May 2026
Audit assistant

Displayandbeyond

Mumbai

CA

View Details
Company
16 May 2026
Account & Audit Asst

RAHUL KHANDEBHARAD & ASSOCIATES

Nashik

B.Com

View Details
Company
04 June 2026
Semi Qualified CA

Goyal Puneet & Associates

New Delhi

CA Final

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details