Hi,
I am one of the director [we are 3 directors] of a small company registered in 2006, the company was operational and we filed IT till 2011. But since 2011, we did not have good transacations and could not file IT. SInce 2013 the company is almost has 0 transactons. We only had Foreign Inward receipts which is competely stopped since 2013. We however had some investment in mutual funds and equities done which we redeemed now wihich is arond 30Lack+

Now in our bank we have the money which is about 30L+ which belongs to only one director, now our CA said that the company status shows as strike off and he suggest us to withdraw money and just wait.

I just wanted to know if we can dissolve the company and pay a penalty for IT since 2011? If we do not anything will there be any legal case against directors? Can you please suggest me what should I do along with my CA?

Raghu

Plz tell me the limit of cash sale under GST for selling service to un register dealer

The sweat equity shares shall be treated as part of managerial remuneration..

For online advertisement I paid 90000 to facebook and 80000 to other online advertisement website.is equalisation levy payable?

I am not able to take tuition for my exam. should I take pen drive lectures or self study and which teachers is best

Sir i have given my house on rent to doordarshan kendra ( CENTRAL GOV). I just want to.know how much gst i have to pay house rent and there is any options to increase the house rent .

Can tell anybody about the expenses which are claimed in profit and loss incurred for business and given to the non gst holder on which gst tax are payable this month and to get ITC input credit in next month? And rate at which it is payable? Any clear-cut idea.

Dear sir, we have done a properitorship registration of gst in 20th july 2017. The name of properitor is dinesh kumar but we have forget to enter the trade name ie Devika Handicraft. Now all the options are hidden untill amendment come into effect.
now problem is that Mr. dinesh have raised the bill in the name of Devika handicraft
and some purchase bill which is also in the name of Devika handicraft. now please suggest can we raise the bill in the name of devika handicraft or not.
and if yes, the also tell me i will not effect the gst return. plz suggest me sir i am in big confussion

Dear Sir

We invest the gain amount in the bond (as specified in Income tax act) after the 12 months ( exceeds 6 months) from the date of transfer the property. kindly give me any case law regarding this.

Sir I am using a godown for my business for which the rent is below 8000 per month. I am a registered dealer and have GSTIN no. I am paying the rent to a unregistered person under GST. Now will GST be applicable in my case, if yes then what is the GST tax and who will pay the tax.

Thank you