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Consultancy services

KANWAR KR MEHTA (Consultant ) (27 Points)

05 January 2017

I am having a consulting firm (proprietary). NOW I have to enter into a contract with a company for some consultancy work. My question is whether I should get the contract in my personal name or in the name of my firm which is registered for service tax..

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4 Replies

Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (160332 Points)
Replied 05 January 2017

Generally the name of firm is preferred, but if you wish even you can get it in your personal name.

1 Like

Sagar Devani (Corporate and International Taxation) (1174 Points)
Replied 05 January 2017

It would be better if it's in the name of the firm.

1 Like

ankita gandhi (student) (5908 Points)
Replied 05 January 2017

You should prefer the name of firm

3 Like

venkat (CA ) (1518 Points)
Replied 05 January 2017

NAME OF THE FIRM IS GENERALLY PREFERRED , IF YOU WANT TO ENTER INDIVIUALLY REGISTER YOURSELF WITH SERVICE TAX DEPT AND INVOIVE MUST BE GIVEN IN YOUR NAME .