I am the MD of a loss making pvt ltd company which has stopped operations for the last two years. The company could not file its return for the last 8 years since there was no one to help. I stopped drawing a salary since the last six years. I have been filing in the Company Circle being MD, showing NIL Salary and a little bit of "Other Income" with TDS refund. Is there any way I can be free from being bonded with the Company Circle and submit as a mere individual professional? Last time, when I tried, the regular counter did not accept and asked me to submit onlt in the Company Circle. How do I get freed from this sick and dead company?
