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Accountancy Forum The Profession Tax v
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changing NTN from partnership to sole proprietor

 
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changing NTN from partnership to sole proprietor
Mithay-Chawal
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Joined: Jan 2011
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#1
01-12-2011, 05:08 AM
Helloo

2 years back, i made a company with 2 of my friends and registered NTN. Then company didnt work and we closed it.
A few days before I was searching my old documents and I found those ntn certificates.

Company never worked, so no income was generated, and therefore never paid tax or filled any document.

Question 01 should i cancel ntn number? or submit some kind of document to show that company never worked?

I'm planning to start that work again, alone, other 2 friends are not with me now. I see the NTN certificate of company name has category AOP
I dont know what AOP means?
Question 02 Can I use the same certificate and start the business again?
Or should i change ntn and get it registered on my name only? or some category need to change? or something elese?

I would appreciate if some one can reply me in detail and the procedure how can I can make such changes.

Cheerz )
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