if the partnership firm is converted into company & all its assets & liablity is transfered to company & all the partner of the firm is been the shareholder of the company, then what is the tax treatement of the firm in regard of capital gain.
Menu
taxable laiblities
Replies (1)
HI Pradeep,
The transfer of assets in such a case is exempt on fulfilment of certain conditions in terms of Sec 47......
Recent Threads
- Understanding section 269st
- CASH AS GIFT OR FD AS GIFT
- NPS Pre Maturity full exit taxation rules
- Planning to ceased a Business
- Taxation for sale and purchase of REIT shares
- PAN - AADHAR LINK
- RECONCILIATION OF GSTR 2B Vs BOOKS WITH VBA
- Regarding cancellation of GST Number
- GST on business receipts pre -registration
- A Restaurant registered under the Composition Sche
Related Threads
CAclubindia
