Puran Singh Dangwal

Dear Experts

Please guide.

I want to start a proprietorship business ( a trading/distributorship type) in Delhi.
I will buy loose goods, will be packing( at home) and distributing the same in my own brand.

I believe registration of proprietorship is not required in any law.
GST ( as the transactions will be intra-state and be of less than 20 Lac turnover initially), registration is also not required.
If I am correct in above two points what documents should I show to bank to open a current account for proprietorship business ?

If I am not correct, please guide. Also please help to understand the other compliance in this regard.

Regards
Puran Dangwal



Anonymous
01 September 2018 at 21:38

Fema

Whether NRI can invest in agri land purchase cost Rs.4000000. Whether he can use liberalised remittance scheme for such purchase if so upto how much he can utilise? Whether he can remit money through NRI OR NRO ACCOUNT?


Sahina
23 August 2018 at 19:18

Fathers wealth while he is alive

Sir, 1.Can a muslim married daughter claim share in her father's wealth when he is alive? 2.Can a muslim married daughter can claim the right to stay in her parent's home if it is being changed to her widow sister's name from her parents' name? 3.Can a muslim father can change his property to one of his daughters without the knowledge of the other?

Read more at: https://www.caclubindia.com/experts/claim-on-father-s-self-aquired-wealth--2685364.asp


Shobhit Jain
03 August 2018 at 19:34

Director's remuneration

Whether Pvt Co. can retrospectively increase remuneration of director's by passing board resolution?



Anonymous
02 August 2018 at 16:26

Business deed in a proprietorship firm

I am running an industry in sole proprietorship, with the help of my cousin.He offered me rupees twenty lakhs to purchase new machinery. We would like to make a business deed which defines the profit sharing, his capital investment etc for a period of five years. Is it possible to do so & if yes how can we write it & what should we do to register the deed ?
Please reply experts...

Thanks & Regards


Vignesh Jayaprakaash
25 July 2018 at 18:37

Partnership

Can NRI become a partner in an indian partneship firm? Is there any regulations to be followed before such constitution of the firm?


Pavan V Deore

I have Signed Bills (Tax Invoices) by the buyer. But Buyer now not giving payment. Is it necessary to have Work Order form buyer? Can I appeal without buyer's Work Order and advance paid receipt ?
Please Guide


bhavya

Dear Expert,
Recently I going to be purchased a house property whichever given to the owner in Gift. The Gift deed is duly registered but contain condition of nontransferable of aforesaid house property. When I consulted from my home branch manger for home loan, he said he didn't gives loan on gifted property, because of condition of non transfer-ability. please help ?



Anonymous
21 June 2018 at 12:19

Housing society registration in mp

Hi,

How many minimum members required for residential housing society registration in M.P.(Rahwasi sangh)??
and Copy of By laws required for the same.


SIVASANKARA REDDY

A private limited company though it is not required to appoint CFO, has appointed CFO.
Is required to file forms with ROC?
If filing is not necessary, Is he required to sign financials?
If filing is not necessary, If he can sign financials, then it may show error in prescrutiny by saying that the said person is not associated with the company as per MCA records.

Kindly suggest on the above queries.






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