starting architecture firm: partnership or company
This query is : Resolved
09 April 2009
Hi,
I want to start my architecture firm with my friends. what would be more preferable: partnership or private ltd company.
Does one need to prepare the financial statements in case of partnerships. where to register the partnership firm in Delhi? what all taxes need to be paid in both the types of business entity?
I want to start my architecture firm with my friends. what would be more preferable: partnership or private ltd company.
Does one need to prepare the financial statements in case of partnerships. where to register the partnership firm in Delhi? what all taxes need to be paid in both the types of business entity?
09 April 2009
1. Financial Stements are required in case of Partnership also, as your profession is covered in Section 44AA.
2. Registration of patnerships are being carried out at Registrara of Partnerships Office near Kashmiri Gate.
3. Both the entities will need to pay Income Tax, FBT and Service tax if limits crossed.
2. Registration of patnerships are being carried out at Registrara of Partnerships Office near Kashmiri Gate.
3. Both the entities will need to pay Income Tax, FBT and Service tax if limits crossed.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Supply through E-commerce Operators
- STCG....................................................
- AMOUNT RECEIVED UNDER COMPULOSRY ACQUISITION OF AGRICULTURAL LAND
- Sales return eway bill
- TAN for Partnership
- Relief u/s Section 89
- GST Registration Horse racing
- Section 43B(h) – MSME Invoice Paid Before Year End but After 45 Days
- E way bill for tractors
- Specified Profession
- Section 54F - Exemption on LTCG in 2026 for HP purchased in 2023
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- Nomination of Bank for refund in itr 2
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
