Filing of annual returns
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
11 September 2014
Dear team, we started a dot com company way back in 2011, a foolish step. It never took off, we didn't do any activity what-so-ever no sell no expense (almost).
Unfortunately due to partner issues, we never started. So this is 2014, it was Private limited firm but till date we didn't do any tax/ROC or any other kind of filing etc.
IT was for retail business. How do we close this company now and come out of it?
Please help
Unfortunately due to partner issues, we never started. So this is 2014, it was Private limited firm but till date we didn't do any tax/ROC or any other kind of filing etc.
IT was for retail business. How do we close this company now and come out of it?
Please help
CA.Tarun Maheshwari
(Expert)
12 September 2014
The only option is to file all the required returns under Income Tax and ROC (even if NIL transactions), and opt for easy exit scheme of ROC. Better is to contact some CA/CS immediately to avoid further penalties.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Depreciation Chart Companies Act
- GST Audit whether Govt Companies are exempt?
- PTRC Show Cause Notice on Email
- Accounting treatment of AMC alongwith the purchase of Laptop
- Unable to File TDS Q2 Return – New TRACES Portal Error
- Capital Gail Exemption Certificate
- Issuing of delivery challan by seller of goods
- Taxation of crypto futures in India Fy 2026- 2027
- Transfer of Physical Stock Between Two Proprietorship Concerns
- MSME disclosure and disallowance
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
