What is the procedure to voluntarily dissolve a partnership firm?

magusJune 19, 2020

Settlement of all liabilities of the firm
Transferring remaining balance (profit or loss) to partner’s accounts
Closure of bank account of the firm
preparation and execution of a dissolution agreement
Preparation and filing the income tax return of the firm up to the date of dissolution
Surrendering all applicable registrations and obtaining NOCs/ closure certificates, as the case maybe

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