Question ID : 44726

Transfer of business & conversion of proprietorship to partnership

Dear all, What will be the Capital Gain implications in case entire proprietorship business had been transferred to daughter after death of her father ?? Second question is that what will be the Capital Gain implications in case such daughter along with two other sisters constitutes partnership by way of discontinuance of proprietorship wef 01/01/2024 ??

posted by SUDIP KUMAR MUKHOPADHYAY on Sep 5 2024 12:00AM