Conversion into llp

This query is : Resolved 

13 August 2012 CAN WE TRANSFER STOCK IN TRADE LYING IN A COMPANY TO ITS SUBSIDIARY AND THEN convert THE SUBSIDIARY into LLP.

PLEASE REPLY ASAP

THANK YOU.

15 August 2012 Why not? Go ahead. But why this de tour? You can directly trnasfer to LLP. Form an llp and transfer the stock. (This is always subject m,atter of DOMESTIC transfer pricing.)



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