Distribution of fixed assets by private limited company
This query is : Resolved
22 January 2018
Can a private Limited Company ( hereinafter referred as "Company") having no liability other than share capital and Equity SH Fund of 1cr can distributes its fixed assets among its members in shareholding ratio? If yes under which section and what will the tax liability to the company?
22 January 2018
Distribution can be in case of liquidation
22 January 2018
Dear sir
Under which section such liquidation can be done? Company is carrying out operation till date.
Under which section such liquidation can be done? Company is carrying out operation till date.
23 January 2018
Please see Chapter XX part II
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