TMI BlogSole proprietor concern taken over by private limited concernX X X X Extracts X X X X X X X X Extracts X X X X ..... Dear sir, one of my customer is running sole proprietor concern, due to availment of loan we created private limited concern and it is running parallely. Now the banker insisting private limited to ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... take over the proprietorship concern. The proprietor concern having movable and immovable property. What the procedures to be followed to avoid stamp duty on transfer of immovable property. can anyo ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ne guide me. Thanks in advance. - Reply By MARIAPPAN GOVINDARAJAN - The Reply = In my view there is no legal compliance to the proprietorship. The proprietor may transfer the entire business to th ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e partnership on consideration. - Reply By THYAGARAJAN KALYANASUNDARAM - The Reply = Dear sir, The transferee is not partnership concern it is a private limited concern. - Reply By MARIAPPAN GOVIN ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... DARAJAN - The Reply = In my view it can be done for company also. - Sole proprietor concern taken over by private limited concern - Query Started By: - THYAGARAJAN KALYANASUNDARAM Dated:- 19-4-2017 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Corporate Laws / SEBI / LLP - Got 3 Replies - Companies Law - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanageme ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nt - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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