Please reply with procedure of takeover of proprietory concern by co. as per company law. I know the provisons of capital gains. Just reply the provisions and procedures with reference to company law and also the expenses involved.
Thank You
1 Replies
Nitin Grover
(CS)
(1228 Points)
Replied 04 November 2010
Dear Deepak
There is no provision for Take Over for Prop in Co. Law
if you are incorporating new company then also attach copy of Two Years Balance Sheet & Return Copy / Ass. Order Copy.
and take Assets and Liabilites as same.
Against Capital issue shares or create Unsecured Loans.
Regards
Recent Topics
- Avoiding tax audit in case of intraday equity loss
- Form 3CEAB
- Form 3CEAA and Form 3CEAB
- DIR 3 Web KYC
- Can i declare LTCG income as business income if I
- Stock entry in new software
- I have an EMI collection shop, what is its SAC cod
- Making payment once in quarter possible under QRMP
- Master File Documentation related
- Applicability of 44AD needs clarification
Related Threads
CAclubindia
