Updated Online video classes available for CA,CS,CMA for May20 and Nov20 batch. Call: 1800-3000-0505

Pvt Ltd company


Lokesh Jain (ghy)     11 July 2019

Lokesh Jain
ghy 
 8 likes  153 points

| My Other Post

Company was incorporated in Nov 2015, after that the company has not opened any bank account and also no annual filing is done till date.

Whether the company has to file all the annual return till date before closing the account and also open the bank account for paying audit fees.

1 Like

Gaurav (Accounts Officer)     11 July 2019

Gaurav
Accounts Officer 
 28 points

View Profile | My Other Post

Dear Lokesh,

For closer of Company, First of all you have to file all Annual returns, also as per the Income tax rule expenses above Rs. 10000/- in cash is not allowed. so in my view for payment of fees above Rs. 10000/-  the bank account is mandatory. 

 

avater

Lokesh Jain (ghy)     11 July 2019

Lokesh Jain
ghy 
 8 likes  153 points

View Profile | My Other Post

cant the owner transfer the amount from their account

Vinay gill (Business Consultant )     16 July 2019

Vinay gill
Business Consultant  
 27 points

View Profile | My Other Post

The company will have to open the bank account to do the annual compliances.


Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register  



Popular Discussion


view more »