• Registered Users :
  • 161317
  • Current Active Users :
  • 102431

Your Answer

Question ID : 41133

Whether conversion with change of name of proprietary to partnership loose experience gathered?

Proprietorship with 5 years of experience now get converted into partnership with change of name of firm. My question is whether new partnership firm count old experience?

Posted by RAJ KARSAN VAGJIYANI on Sep 01, 2021

Filed Under MISC.

Answer ID : 81297

If name of partnership firm is changed, experience of old firm will not be counted. But if name is not changed, experience of old firm will be counted in new firm.

Posted by CA. chunauti dholakia on Sep 01, 2021
Answer ID : 81303

TO COUNT THE OLD FIRM EXPERIENCE NAME OF THE FIRM SHOULD BE THE SAME. https://www.icai.org/post.html?post_id=2636

Posted by SHUBHAM SONI on Sep 04, 2021