Question ID :
40864
Conversion of Proprietory firm to partnership firm
Hi all, I am having a proprietary firm since 2011. Now one of my junior have qualified CA and wanted to be my partner. In this regard my concerns are;
1.Will I lose the years of experience of my proprietary firm when it becomes a partnership firm?
2.Will the year of formation (for counting the 3years criteria) for bank audit be 2011 or 2020?
Thankyou in advance.
Posted by
MALU NAIR
on
Oct 09, 2020
Filed Under
MERGER & ACQUISITION
You can admit junior as your junior qualified CAin SS Portal firm's seniority will be not affected
Posted by
Hari Beldona on
Aug 30, 2021