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TRANSFER OR PROPRIETARY BUSINESS, Other Topics |
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TRANSFER OR PROPRIETARY BUSINESS |
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One of my lady client is running a business as proprietorship. Now she wants to transfer the entire business to her daughter-in-law. How it can be transferred? Whether gift deed serve this purpose? Posts / Replies Showing Replies 1 to 2 of 2 Records Page: 1
Respected Sir One of the best options to transfer the business as proprietorship to a family member, in your case daughter-in-law, is by gifting to her with the valuation of assets, stock in trade etc., under intimation to all the concerned statutory authorities. Its my personal view Sir.
Sh.Sadanand Bulbule Ji, Sir, I want more information on the issue with legal force. Will you oblige me ? Thanks a lot. Page: 1 |
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