Dear Friends
Facts: Came across a case were a private limited company is incorporated in 2010. since incorporation the company has not done any kind of business. even the share capital in withdrawn, the company wants to strike off the name from ROC records hence have prepared a NIL statement of affairs.
Query: After incorporation the company has not applied for PAN No.nor done any business transactions, now are there any penal provisions that can be levied on the company for Non application of PAN. or have the company defulted by not applying for PAN No. can the company face any problems in the process of striking of its name from ROC records.
CAclubindia
