Do we need to change pan for conversion from partnership firm to llp
Shraddha (taxation) (82 Points)
27 June 2016Shraddha (taxation) (82 Points)
27 June 2016
CA Karan Sathe
(CA )
(564 Points)
Replied 27 June 2016
No capital gain u/s 47 on such transaction. LLP is distinct new legal entity, different from the Partnership Firm. The new LLP will require PAN
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