Ashwani (Self) (24 Points)
23 September 2014Hi,
I have formed a company on 31 dec of 2013.
All Docs are completed,And The Company does'nt have any current account in the bank.
My Question is that,
1.I want to close that company as soon as possible.Can I do?
2.Should I have to fill any ITR or Audit the company before shutdown ?
3.I am not CA,What are the fines or penalties if would not fill ITR ?
Please Help
Regards
Vandana J Doshi
(Practising Company Secretary)
(12562 Points)
Replied 23 September 2014
Ajit Bhati
(Chartered Accountant)
(214 Points)
Replied 23 September 2014
In this case, Since the company is incorporated in Dec 2013, You can go for FTE mode as suggested by Vandana ji.
If there is No/NIL Transcation during the year and upto 31.3.2014. If Assets and Liabilites is NIL except for share capital. Then in my view
1.No need to file any ITR with IT Dept.
2. Pass a Board Resolution for closing of comapny atleat 6 months before close of FY
3. Affadivit from all the Director (Normally in 20 Rs Stamp paper.)
4. Indemnity Bond to be signed by All the Director (Normally in 100 Rs Stamp paper.)
5. Statement of Accounts certified by CA
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