A company should not have any assets or liabilities for applying under FTE. What if there is a computer, cash etc in the balance sheet, could that be sold off to the directors or something else could be done.
A company should not have any assets or liabilities for applying under FTE. What if there is a computer, cash etc in the balance sheet, could that be sold off to the directors or something else could be done.
In case of FTE company should not have any asset in the balance sheet and if any should be distributed among the member.
So distribute and apply for FTE..
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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CAclubindia
