Enforceability of agreement after the dissolution of firm
Gunjan Kumar Pare (Practice) (25 Points)
15 November 2013Gunjan Kumar Pare (Practice) (25 Points)
15 November 2013
CA Kedar Sakhardande
(Proprietor)
(942 Points)
Replied 18 November 2013
the Income tax status of partnership firm is different than Prop (Different PAN No , Taxability etc)
Ideally, to retain the existance of Firm admit additional partner and then retire the other partner so that the Firm existance is retained
Regards