10 May 2011
Pl confirm the procedure for take over of any pvt ltd co. by another pvt ltd company.(shareholders/Directors are same ): --Also pl provide any draft agreement reg T & C to be entered into ; ---Income tax Rules in this regard(company is only 1 yr old ,first balance sheet is at 31st March 2011)
--What are teh sales tax rules in this regad as the comany which is to be taken over has registation all over india in most of the states but co. which is taking over has v less presence can with the help of copy of agreement of take over ,they can amend the sales tax registration.
--How abt the valulation of the company taking over :