Propriter business is getting converted in to partnership firm...whether new vat no. has to be taken?
CA O.P. SINGH (O P Singh & Co.) (426 Points)
18 September 2010Propriter business is getting converted in to partnership firm...whether new vat no. has to be taken?
kanagaraj
(CHARTERED ACCOUNTANT)
(793 Points)
Replied 19 September 2010
As per TNVAT it is not possible to continue the same TIN under proprietor business. Whenever there is change in constitution you have to obtain new TIN
Anand
(Chartered Accountant)
(166 Points)
Replied 05 November 2010
You will have take fresh registration.
Ravi Prasad
(Self employed)
(148 Points)
Replied 08 November 2010
But better to take a new registration no: as it solves many a future problems.
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