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Question ID : 40970

Converting individual to sole proprietor firm

I am qualified from 2016 and full time practitioner. Now I want to convert my status as individual to sole proprietor firm. My query is whether experience of the new sole proprietor firm will be counted from the date of the conversion or my cop date ie. 2016

Posted by KUPPUSAMY MUTHUKUMAR on Feb 19, 2021

Filed Under COUNCIL DECISION

Answer ID : 80931

Firm experience will be counted from the date of conversion, whereas Your individual experience will be counted from 2016.

Posted by SURAJ KUMAR CHOUDHARY on Mar 10, 2021
Answer ID : 80961

yes. deemed date of practice will be 2016

Posted by CA. VENKITARAMAN K V on Mar 12, 2021