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Arun Kumar (Querist)

10 February 2018 I'm going to start a agency for cooldrinks retail distrubution turnover 1450000.how to register my agency and give suggestion for books keeping.here are two ways one started with 3 partners and without partners which one is best idea.

Arpit

Arpit (Expert)

10 February 2018 You can get the partnership registered or can also start a sole proprietorship. Income Tax rate for partership is 30% and for sole proprietorship, it is same as that of individual. Depending upon your business requirements, you can either of the method

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Arun Kumar

Arun Kumar (Querist)

10 February 2018 thanks sr,
and my anouther doubt how to get my registration certificate? what are the books and certificates are required for my new business.already i file a written on previous two years under income from other sources head how this business affect my ITR

Arpit

Arpit (Expert)

10 February 2018 you are talking about which registration certificate?

Arun Kumar

Arun Kumar (Querist)

10 February 2018 Approval certificate for doing business from government.

Arpit

Arpit (Expert)

10 February 2018 you need only a valid pan card, gst number if turnover is more than 20 lacs. No other specific registration is required for starting your business. You can also check the local laws of your city.

Arun Kumar

Arun Kumar (Querist)

10 February 2018 thank you very much sir.

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