Proprietorship to Partnership firm

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..... During Conversion of Proprietorship to Partnership firm... with assets and liability except which are doubtful to the new partnership firm(to the new partner) belongs to proprietorship.....Can we leav .....

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..... e those doubtful (Unsecured Loan+Loan Advances,Sundry Creditors related to Proprietor) ??....What will be treatment of those Unsecured Loan+Loan Advances and Sundry Creditors in the balance sheet of P .....

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..... roprietorship ??? - Reply By DR.MARIAPPAN GOVINDARAJAN - The Reply = It depends upon the agreement made between the parties to the conversion. - Proprietorship to Partnership firm - Query Started .....

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..... By: - Raman Singla Dated:- 7-2-2021 Income Tax - Got 1 Reply - Income Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia .....

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..... - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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