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My friend wants to close a private limited company and till date he has filed the returns. Now, VAT officer is asking to pay the penallty as it was not paid monthly for last 3 months and extraa moneey for th months for which returns paid lately. Officer says thewe have not paid/filed returns corectly accroding to statement from bank, but from our ca we are correct but he says he ishelpless and he(VAT oficer) will put a case on us. We are in loss of busness aand wants to close. So ask teh CA comunity here, if we close the company now will it be a offence?? we have no loans to be paid to any banks?? We are from Bangalore
Please help ASAP |
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