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Conversion of tin from proprietory firm to partnership firm

ish kumar sharma (Sr. Manager Accounts & Finance) (301 Points)

30 January 2016

hi experts, one of my client is registered in Dvat as proprietor, now he want to convert it into Partneship firm with same name and same TIN number. Please advice me is it possible and if yes then what is the procedure???? thanks in advance

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4 Replies

Shashi (Finance Manager) (32 Points)
Replied 30 January 2016

Just intimate to department with partnership deed and new pan no. This procedure for GVat. I expect it should be same for DVat.

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Shashi (Finance Manager) (32 Points)
Replied 30 January 2016

Just intimate to department with partnership deed and new pan no. This procedure for GVat. I expect it should be same for DVat.

Sheela (Manager -Accounts) (51 Points)
Replied 31 January 2016

It is not sure. Because, in Tamilnadu, if an establishment changes its constitution from Proprietorship to partnership or vice versa or from partnership to Pvt. Ltd., or so, the Constitution changes and therefore the registration number will have to be new. Check with Dvat.