Closing a Proprietorship

A proprietorship does not have any separate legal status than that of its individual proprietor. As there are no formal requirements for starting a proprietorship, there are no formal requirements for closing it as well.

Closing a Partnership

A partnership is created by an agreement between partners. Generally, the terms of a partnership is 'at will' or for a particular purpose or period.

Closing a Limited Company

A Defunct company can be closed by an application to Registrar and operational Companies can be wound up either by Voluntary Liquidation Process or Winding Up by Tribunal.

Closing of Limited Liability Partnership - LLP

A defunct LLP refers to an LLP that has never started business or is not carrying any business for the immediate past one year and has no assets and liabilities. A defunct LLP can make an application to the Registrar with the consent of all partners ..

Income Tax Rates for Financial Year 2018-19 (Assessment Year 2019-20)

Income Tax Rates for Financial Year 2018-19 (Assessment Year 2019-20)