Capital gain on conversion of sole proprietorship firm is not applicable only if the conditions as per Income Tax Act 1961 is satisfied, otherwise a sole proprietor has to pay capital gain tax.
By Chandan Todi|2022-01-24T11:54:31+05:30January 24th, 2022|Categories: sole prop to pvt ltd|Comments Off on Whether Capital gain is applicable on conversion of sole proprietorship to company?