Liaison office closing procedure

This query is : Resolved

Sunil (Querist)
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09 January 2010 Respected.
We require close the liaison office. please provide the procedure. which type of NOC required from Income Tax Department.(because we dont have any tax liabilities except tds deduction, which we paid allready). and from where we take this NOC. and how many days take this all formalities?

M Prabhakar Menon

M Prabhakar Menon (Expert)
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10 January 2010 If the liaision office and the registered office are in India no NOC is required. If the Liasion office in India was for any other country then u have to approach the Income tax officer under whose jurisdiction u were for the NOC and also check out the requirements of the country of origin.

Sunil

Sunil (Querist)
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09 April 2010 Respected, We have a partnership hospital with 5 partners. Now we want dissolve the firm and sale it to some other person. He agree to take over full hospital. So please advise how can we settle all the formalties. Should i have to dissolved tha partnership or we have to make a MOU between them. If MOU make what is the language of that or how is the procedure of MOU.
Please provide that on urgent basis.
Hospital has liability as well as fixed assets. and running from 5 years.