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Is Company Strike Off in Delhi the Right Choice for You? Pros and Cons Explained

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In the bustling business hub of Delhi, entrepreneurs often face crucial decisions about their company’s future. One such decision is whether to strike off a company from the official register. This process can seem like an easy way to close a business, but is it truly the right choice for you? In this article, we delve into the pros and cons of Winding up and Company Strike Off in Delhi , ensuring you have the clarity needed to make an informed decision. Understanding Company Strike Off: What Does It Mean? A company strike-off refers to the process of removing a company’s name from the official register maintained by the Registrar of Companies (RoC). When this occurs, the company legally ceases to exist. Key Points to Note: Voluntary Strike-Off : Initiated by the company’s directors when the business is no longer operational or viable. Involuntary Strike-Off : Initiated by the RoC due to non-compliance with legal obligations. Importantly, striking off a company is not the same as windi...
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GST Annual Return & Audit in Delhi: Important Points To Be Noted

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The GST Annual Return & Audit is a crucial compliance requirement for businesses operating in Delhi. Notably, failing to comply with GST regulations can lead to penalties and legal consequences. Therefore, understanding the process, eligibility, and common mistakes is essential for smooth tax filing. In this article, we will discuss: What   GST Annual Return & Audit in Delhi Who needs to file it Key documents required Common errors to avoid How Taxgoal simplifies the process What is GST Annual Return & Audit in Delhi? Understanding the Basics GST Annual Return is a consolidated statement of all monthly or quarterly GST returns filed during a financial year. It provides a comprehensive summary of a taxpayer's business transactions, including: Sales and purchases Input tax credit (ITC) claimed Tax liability paid GST Audit, on the other hand, is mandatory for businesses whose turnover exceeds a specified threshold. This audit ensures compliance with GST laws and verifies t...
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New Income Tax Bill 2025: What’s Changing for Indian Taxpayers?

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The Indian government's ongoing efforts to simplify and streamline tax laws have brought about major changes in the form of the New Income Tax Bill 2025 . This proposed bill will have significant implications for taxpayers across the country, especially for those who file their returns online. Whether you're a salaried individual, a small business owner, or a freelancer, it's crucial to understand the nuances of this new bill and its impact on how you file your Income Tax Returns (ITR). In this article, we will explore what these changes mean for taxpayers in Delhi, particularly for those filing online through services like Taxgoal , which is leading the way in providing efficient online ITR filing services. How Will the New Income Tax Bill 2025 Impact Online ITR Filing in Delhi? The proposed Income Tax Bill 2025 aims to simplify the tax filing process while introducing new regulations that will affect how taxes are calculated, paid, and filed. For taxpayers in Delhi , the...
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