1.0AKT Associateshttps://aktassociates.com/blogCA Arun Tiwarihttps://aktassociates.com/blog/author/arunsir/Conversion of Proprietorship business to private Company AKT Associatesrich600338<blockquote class="wp-embedded-content" data-secret="D3DyaJGusv"><a href="https://aktassociates.com/blog/conversion-proprietorship-to-private-company/">Conversion of Proprietorship to a Private Company</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://aktassociates.com/blog/conversion-proprietorship-to-private-company/embed/#?secret=D3DyaJGusv" width="600" height="338" title="“Conversion of Proprietorship to a Private Company” — AKT Associates" data-secret="D3DyaJGusv" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script>
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https://aktassociates.com/blog/wp-content/uploads/2019/09/conversion-of-proprietorship-to-private-company-2-1-1.png500300Need for the conversion Benefits of the conversion of Proprietorship business to private Company Exemption from capital gain tax under section 47 of income tax act 1961 Conditions to be complied for taking such exemption Steps for conversion of Proprietorship business to private Company