Easy Office
Easy Office

ownership of land & building

This query is : Resolved 
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(Querist)
30 May 2008 When a proprietorship changes into a partnership, will the immovable assets such as lan & building have to be transferred in the name of the firm?
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Shekar

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Shekar (Expert)
30 May 2008 Yes..if he wishes to transfer (as a capital)

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