All areas of taxation : Personal Tax, Corporate Tax. | Suggesting legal structure of business entities. | Transactional advisory - optimal deal structure | T
| 18. Information to be furnished regarding changes in business, etc. M VAT ACT | |
|
18. Information to be furnished regarding changes in business, etc.
Any registered dealer liable to pay tax under this Act, who,-
(a) transfers by way of sale or otherwise disposes of his business or any part thereof, or effects or knows of any other change in the ownership of the business or
(b) discontinues his business, or changes the place thereof, or opens a new place of business, or
(a) changes the name of his business, or
(b) enters into a partnership in regard to his business, or
(c) applies for or has an application made against him for insolvency or liquidation,
(d) being a company, is involved in merger, de-merger or amalgamation of companies,
shall, within the prescribed time, inform the prescribed authority accordingly.
(2)Where any dealer liable to pay tax under this Act,—
(a) dies, his executor, administrator or other legal representative or,
(b) where he is a firm, a Hindu Undivided Family or an association of persons and there is a change in the constitution of such firm, Hindu Undivided Family or association, either by way of dissolution, disruption, partial partition or partition, or otherwise, then every person who was a partner. 4Karta or a member of such firm, Hindu Undivided Family or association, or
(c) transfers or otherwise disposes of his business in the circumstances mentioned in sub-section (4) of section 44, then any person from whom and every person to whom the business is so transferred,
shall, in the prescribed manner, inform the said prescribed authority of such death, change in the constitution, dissolution, partial partition. partition, disruption or transfer.
|
|
What We Do
Our Services
Indirect Taxes
Advising client on establishment of indirect tax management system, in all areas i.e. GST Audit, Customs, Foreign Trade P
Auditing and Assurance Service
We are blessed with team of qualified chartered accountants highly efficient in auditing and assurance services. Our wide range of services are aimed for financial sta
Accounting Services
We offer highly efficient accounting services which are provided by us for our local, national and international clients. We also offer design, implementation and revi
Societies and Trust Consultanc
We are engaged in providing societies and trust consultancy to our clients. Our wide range of services include formation, registration U/s
Company Law Matters Consultanc
Every company according to the India law need to register with the registrar of companies and it is also necessary with documents for vari
CONSULTATION
Client Login
CONSULTATION
ASK A QUERY
