Do the partners need to pay capital gain tax on conversion of Company to LLP?
On conversion of Company to LLP, capital gains tax shall not be applicable if the transfer satisfies the conditions prescribed under Income Tax Act 1961.
By Chandan Todi|2022-01-22T14:44:35+05:30January 22nd, 2022|Categories: Conversion Company to LLP|Comments Off on Do the partners need to pay capital gain tax on conversion of Company to LLP?
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Chandan Todi
Fellow Member of ICSI | Registered Trademark Agent | Corporate Consultant | Business Enthusiast | Founder & CEO at Registration Arena