if we started a busiess with 3 owners as co ownership with equal share and, threshhold limit of 20 lakshs applicable to single owner or for business.
kerala AAR made an advance ruling regarding this kind ,but it is related to rent on joint property
Menu
Registration
Replies (6)
Quick Summary
Threshold Shall be applicable on PAN basis
Threshhold limit of 20 lakshs applicable to single owner or for business...?
- Threshold limit applicable PAN basis. But, it's not individual of You.
If You (three partner) are start business and applied PAN for Your partnership business then the limit applicable to the PARTNERSHIP PAN...
- Threshold limit applicable PAN basis. But, it's not individual of You.
If You (three partner) are start business and applied PAN for Your partnership business then the limit applicable to the PARTNERSHIP PAN...
As per sec 22 of cgst act,2017
treshold limit applicable to supplier who is supplying goods or services.
as per sec 2(103) of cgst act,2017
supplier means the person who is supplying goods or service.
to register the business , it should have seperate pan it is correct but i am asking about applicability of sec 22 of cgst act,2017.
that is why i mentioned kerala AAR advance ruling on co ownership.
please let me know ur opinion sir.
thank u.
treshold limit applicable to supplier who is supplying goods or services.
as per sec 2(103) of cgst act,2017
supplier means the person who is supplying goods or service.
to register the business , it should have seperate pan it is correct but i am asking about applicability of sec 22 of cgst act,2017.
that is why i mentioned kerala AAR advance ruling on co ownership.
please let me know ur opinion sir.
thank u.
The AAR issued for Property owned by the persons... The rental amount to share the land owners..
Here,
You asking start a partnership business... Right..?!
or
You will supply renting services as per AAR...?!
Here,
You asking start a partnership business... Right..?!
or
You will supply renting services as per AAR...?!
Sir, can't we do business as co owners
Dear.,
please better to ask Your query correctly... Don't be confuse with Confusing to me...
please better to ask Your query correctly... Don't be confuse with Confusing to me...
Recent Topics :
- Foreign remittance
- Affordable Residential Flats in Gurgaon
- Manufacturing
- TAN REGISTRATION ON E-FILLING SITE
- Form 10-IEA – Continuing Old Regime
- Income tax act 2026
- Belated Return where Form 10IEA filed this year to
- GST Reconciliation Tool (2A vs Books) - looking fo
- TDS ON PF FORM 19 WITHDRAWAL
- Can a virtual office in Mumbai be used for company
Related Topics :
CAclubindia
