Income Tax Implications On Conversion Of Firm Into Pvt Ltd Company
Income Tax Implications on Conversion of firm into Pvt Ltd Company Income Tax Implications on Conversion of firm into Pvt. Ltd. Company In addition of above kindly see the below mentioned other implications which may attract the Income Tax provisions for succession of firm into Pvt. Ltd. Co.:- 1. Income under head House Property:- Any income or rent derived from house property t/f to Pvt Ltd in a scheme of conversion shall be deemed to be the income from such property from the date when such conversion took place....