Dissolution of Partnership Firm: Process & Legal Compliance– It refers to the official and legal process of terminating the partnership and finalizing the business entity under the partnership firm. Such a process involves liquidating and distributing the firm’s assets and settling all accounts, assets, liabilities, and other remaining legal formalities. The dissolution of a partnership firm can take place under various circumstances. The process is a multi-step process, which ensures that after an entity is dissolved, it doesn’t escape its tax obligations. For the period during which it was in existence. Read more
Dissolution of Partnership Firm: Process & Legal Compliance



