Sole Propriter
This query is : Resolved
10 July 2009
HI
My dad is haivng sole propriter business
(Air Conditioner Repair Center) we are filling return on my father name now my wants to retired and the business continue by myself but i dont knw what is the procesure for continue the business & how can i transfer all activity on my name.
My dad is haivng sole propriter business
(Air Conditioner Repair Center) we are filling return on my father name now my wants to retired and the business continue by myself but i dont knw what is the procesure for continue the business & how can i transfer all activity on my name.
10 July 2009
Hi,
Prepare the agreement for transfer of business on the stamp paper of Rs. 100/-. Pass the necessary entries in the books of accounts as if you have purchased the business as going concern.
Prepare the agreement for transfer of business on the stamp paper of Rs. 100/-. Pass the necessary entries in the books of accounts as if you have purchased the business as going concern.
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
- REGARDING GST ON COMMERICIAL PROPERTY
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- TDS U/S. 194NF
- ITC temporary reversal and reclaim
- GST on export of services and Input Credit
- Applicable TDS rate for sale of property in Nov 2024
- Donation Receipt u/s 80G
- TDS deduction (debit notes)
- Can a partnership firm become partner in a LLP ?
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- 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
- TDS on purchase of value vouchers for employees ?
- 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 ?
Trending Online Classes
CAclubindia
