Hello Everyone,
I have a company in which i am a promoter director with my wife and a friend inducted director lately, we are planning to strike off or dissolve my company (Having our capital (80:20 ratio)and onlybmy loan as Directors loan ) There is no business for the last 3 years. we have yearly expenses for Filing fee, audit fee etc.
In this case what would be required to follow, what we need to take care and how ROC/ ITax Dept. will see my loan in the hands of company and in my hands.
Your advice is solicited before taking any steps.
Thanks in advance.
Ajay Kumar
- Make sure all concerned Forms ie Annual filing forms etc. are duly filed with ROC.
- While going for strike off voluntarily, assure that there is no liability remained on the part of Company. If there is any loan or payables in the balance sheet just pay off that first.
- Income tax returns, GST/VAT returns etc should have been properly filed upto the date.
CAclubindia
