Conversion of partnership firm into company versus dissolution ...

Conversion of Partnership to Company: Business Continues, Stock Valued at Lower Cost or Market Price.

December 15, 2012

Case Laws Income Tax AT

Conversion of partnership firm into company versus dissolution of firm - Going concern - there was no cessation of business and therefore the closing stock had to be valued at cost or market price, whichever is lower. - AT

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Conversion of partnership firm into company versus dissolution ...

Conversion of Partnership to Company: Business Continues, Stock Valued at Lower Cost or Market Price.

December 15, 2012

Case Laws Income Tax AT

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GUIDELINES FOR CONVERSION OF COST ACCOUNTANTS FIRMS (PARTNERSHIP/PROPRIETARY) INTO LIMITED LIABILITY PARTNERSHIPS

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