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Q. > Please Help: U.P VAT and Income tax
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359 views • Question added Jul 13, 2012 • VAT • By amit agrawal , CA , Delhi


Dear Sir,
My query is that after death of the Proprietor (also have U.P VAT registration),can his business transfer to his son name (total son is two).if yes, what procedure.
Bank A/c of his business also transfer/change.
Is any requirement in the income tax Act.
Any other procedure for solve my quary

2 Answers

answered Jul 15, 2012 by Mrattunjay , New Delhi

your question is general: you may transfer your business automatically to sons there is no legal problem. 2ndly VAT department should be intimated for appropriate correction in certificates and Bank account can be change by succession certificate or death certificate as case may be.


answered Jul 22, 2012 by Vikash Kumar Jha , Cuttack

Dear there is no need to be panic you have just intimate to vat department and bank with the sertificate death and succession. I think your problem will be solve


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