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Business Transfer

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(Querist)
29 August 2024 Dear sir

One of my client wants to Transfer he business to his own Brother with stock of 3CR and he is also having same Business and how can transfer and ..is tax applicable ??? can anyone tell me the procedure


Thank in Advance
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
29 August 2024 Treat it as gift to brother no tax payable.
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MADHU GSTP

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MADHU GSTP (Querist)
29 August 2024 Thanks you sir
but how to transfer the stock of 3cr and is GST tax applicable ????


plz little brief procedure sir


thank in Advance


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