Dear Friends,
a) A Private Limited Company is having Rs. 2 Crores FD in Bank.
b) No Liability of creditors is ending
c) We want to close Company under Scheme of CLSS or Fast Track Exit Scheme
My question is how we can manage funds available with Company ?
-Whether to distribute the same as per shareholding pattern ?
- If distributed to Shareholders is there any Dividend Distribution Tax levied on same ?
- Any other way available to save Tax burden ?
With warm regards,
CS Pramod Ladda
email: info @ csladda.com
contact No. 9595271145
CAclubindia
