TaxTMI 
TaxTMI 
My client has converted pvt ltd to LLP
There is a demand in Pvt Ltd for which appeal has been filed
We want to pay 20% of demand as per law
How it has to be paid as there is no bank account of pvt ltd now
Whose PAN would be used for payment
tax payment query
12 Feb 2018 
2 Replies 
1486 Views Asked by
Conversion to LLP: PAN and tax identity transfer to LLP; tax demand payments can be made from any bank account.
Conversion of a private limited company into an LLP transfers corporate accounts and tax records, including the PAN, to the LLP so tax proceedings continue in the LLP's name. Alternatively, payment mechanics may permit remittance from any bank account irrespective of the account name, while the legal tax identity post-conversion resides with the LLP. (AI Summary)
Conversion of a private limited company into an LLP transfers corporate accounts and tax records, including the PAN, to the LLP so tax proceedings continue in the LLP's name. Alternatively, payment mechanics may permit remittance from any bank account irrespective of the account name, while the legal tax identity post-conversion resides with the LLP. (AI Summary)