I have a query regarding a partnership firm where there are 2 partners and both decided to close the partnership and one partner agrees to continue(takeover) the business in his Propreitorship and he will purchase whole business assets and liabilities of the partnership firm for a certain amount.
I want to know what could be the best way possible to settle this transaction and what will be the tax implications for the same.
Thank you all the readers and experts
2 Replies
Recent Topics
- TDS on purchase of Flat under subvention scheme be
- Nznxnc call me at the end of the day of the
- Nsje snswk fjw ed le ene djff ne enje ejdd rejje
- Hxjcif the day I have been in touch with me and
- Iska djd djrbdsjebshe sir ur rei ejr reinr the jr
- GST registration for medical shop in Karnataka
- Hsshs me know if you are free number of the
- Chu Kang and the situation of the situation and I
- How to reverse wrong transaction payment in phonep
- Paytm wrong transaction
Related Threads
CAclubindia
