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Question ID : 43329

Conversion from Sole Propreitorship into Partnership

I am sole proprietor with trade name registered under ICAI in the month of Sep 2019. Can i apply/ am i eligible for MEF for 22-23, since i am going to complete my three years in Sep 2022. Can i convert my sole propreitorship into partnership firm ? does the conversion into partnership firm will affect the seniority of my firm and would i still be eligible for bank audits after conversion ?

posted by ravi kishore bhagi on Jul 20 2022 12:00AM

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