16 May 2008
Dear Sir, I Have the following Queries 1) When a partnership firm has a Slump Sale on 01/4/07 with a Private Limited Company. Whether the partnership firm has to file the Income Tax Return for the F.Y. 2007-2008.No business activity is carried on after 31/03/07.
2) Whether in the above case the Partenership firm has to Surrender the PAN Card on account of Slump Sale if Yes than what is the Procedure
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