Winding up of company : distribution of assests to members
Alpesh
(Querist) 20 November 2013
This query is : Resolved
Dear Experts
In case of Winding up of Pvt. Company, distribution of surplus Assets to Members : Whether the capital Gain Tax is attracted ?
If we have only Capital of Rs. 3 crore and not any physical Assets then Whether we need to pay any Tax thereupon ?
R.K Nanda
(Expert) 20 November 2013
consult tax lawyer.
Rajendra K Goyal
(Expert) 20 November 2013
Consult tax consultant and show him all the papers.
ajay sethi
(Expert) 20 November 2013
raise query in CA club india .com
Anirudh
(Expert) 20 November 2013
You are not telling your real position. But are trying to fit in what would, according to you would be the most tax efficient way. Unless, you tell the correct factual position as obtaining today, it will not be possible to give you an appropriate answer to your query.
C. P. CHUGH
(Expert) 28 November 2013
Hypothetical query, we do not answer such query.
