Income tax


This query is : Resolved 

27 May 2013 hello

one of my client going to open a sole prop. firm..

tell me the legal compliance or the procedure which i can suggest for opening up and sole firm including every thing..its a GRAIN MERCHANT....

URGENT
THANKU

29 May 2013 It depends on the business & turnover of the businessmen.

Eg:
PAN registration, VAT registration, Service TAx reg (if applicable), TAN (If applicable)

Further registration under shop & establishment act, ESI / PF ( if applicable)

Else, start business using ur pan if it doesnt fall under any above things.

Contact 9717775548 for further clarifications.

13 July 2013 The first and format requirement is that you first procure the trade licence as the proprietorship concern is not registered anywhere under any act.

I also agree with the expert who has given general requirement which are required only when the specified turnover is completed.


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