Conversion of Sole Proprietorship CA Firm into Partnership Firm

[Mr anil gupta]

Dear Friends,

 

Please guide me on captioned subject.

Also about procedure and forms required to be submitted to Institute

 

Thanks and Regards

CA Anil Gupta

9831692090

 

[casanal...@gmail.com]

For converting Proprietor concern into a Partnership Firm, the following are required,

1] Prepare a Partnership Deed,as usual,  mentioning the intention of converting Proprietorship into Partnership,
2] Intimate the ICAI, decentralised office of your jurisdiction, in Form No.18, within 30 days of change in constitution,

If you are not changing your proprietorship firm name, then you will be having status as from its original date of constitution, which counts for Bank Audit empanelment. In short, you maintain your ICAI Reg No., without any change.

Hope this info is useful to you.

:

[deeps...@gmail.com]

Please advise if i also want to change the name of the practising CA firm