Dissolution of partnership firm
This query is : Resolved
19 November 2019
Sir,
Partners of partnership firm want to dissolve firm.And want to create Proprietorship firm now.
I want to know what are the formalities have to be followed. one of the partner want to retain the same name of the partnership firm in his proprietorship firm,is it possible. whether dissolution of partnership deed has to be created.
Please guide.
Partners of partnership firm want to dissolve firm.And want to create Proprietorship firm now.
I want to know what are the formalities have to be followed. one of the partner want to retain the same name of the partnership firm in his proprietorship firm,is it possible. whether dissolution of partnership deed has to be created.
Please guide.
20 November 2019
Yes partnership dissolution deed needs to be written on a stamp paper of appropriate value and duly notarized.if GST number was also taken it should be cancelled after dissolution deed.
Message likes :
1 times
20 November 2019
Sir,
Can a partner of that firm can put the same name to his shop which he own in proprietorship. And what about the treatment of remaining stock after dissolution of firm.
Can a partner of that firm can put the same name to his shop which he own in proprietorship. And what about the treatment of remaining stock after dissolution of firm.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- TDS U/S. 194NF
- GST on export of services and Input Credit
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- ITC temporary reversal and reclaim
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- Applicable TDS rate for sale of property in Nov 2024
- GST ON EXPORT COMMISSION
- Should I report my US salary for January, February, March in Schedule FA?
- Inventory of finished goods
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding einvoice taken on nil rated sales
Trending Online Classes
CAclubindia
