This Query has 2 replies
There are two main criteria regarding applying for fast track exit of a Company:-
(a) The company applying under FTE should not have any asset and liability;
(b) The company should not have commenced any business activity or operation since incorporation or at least one year must has been passed since last business activity or operation.
By the above stated we under that we need to submit a NIL balance sheet (statement of accounts duly certified by CA/ Auditor)of the Company applying for fast track exit, Can any of the learned members send a specimen copy or format of such statement of accounts for reference along with the following documents for fast track exit of a Pvt Ltd:
I. an affidavit,
II. an indemnity bond and
III. copy of board resolution showing authorization for filing the form.
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Respected Expert,
Pls give the Guidence about the following situation.
EX. Ihave one asset which hase useful life of 5 yrs. Now i purchase some part of this asset which hase useful life if 10 yrs.
Whether i have to disclose it under seperate heading or not?
If i want to disclose it under the same head then how can i diclose it?
Thank You.
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how to make journal entry for salary paid to partners?
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DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Fast track exit of a pvt ltd