Dear Sir,
Now my firm constitution is proprietor and file MEF Form for 2018-19. Now I decided to convert my proprietary concern into partnership firm after 15th April 2020.
when i file my MEF for 2019-20 i fill the details in MOC regarding any changes made then in next year when bank statutory audit allotted to me then is it allotted in the name of partnership firm or proprietary firm, please advise. or if it is allotted in the name of proprietorship concern then how I sign the audit report in the capacity of propretor as I am a partner in the firm at that time. Thanks in advance.
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Dear Professionals,
Is Take over the running business of a proprietary firm is allowed or not?
CRC has raised the query for Take over the running business of a proprietary firm as 1. Take over the running business of a proprietary firm is not allowed , remove it from MOA.
