Dear Friends,
My Client Mr.A Was Running business under Name Mr.XYZ Proprietorship Firm In Gujarat having Gujarat TIN
Now due to Old Age of Mr.A, he wants to transfer his Business to His Nephew Mr.B
So I have Created Partnership for Mr. A & Mr. B and then Dissloved Firm & Mr.B was Propritor of Mr.XYZ Firm
Vat Number & Firm Name Remains same Thorough out the Period So No Problem With VAT Department But April 2015 was Partnership Month So How Should I Deal as far as Income tax Department is concerned..
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CAclubindia
