Conversion of Sole Trading firm to Private Ltd Co

Aarti H Chandan (Querist) 12 September 2008 This query is : Resolved
Can anyone pls tell me the procedure to convert a sole trading or partnership firm into a private ltd co. what will be tax implication? what all things will differ in running pvt co rather a sole firm.
u can also mail me on aarti0826@gmail.com
pls reply as early as possible

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VASANTH D JAGANATH (Expert) 12 September 2008
tax implications under which act required?

Aarti H Chandan (Querist) 13 September 2008
Income tax act...
i mean to say if nw i hv to pay tax of some Rs.1 lac in sole trading then wat difference it will make if my business changes to pvt co.
my tax struture will change na??

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