Sole Proprietorship
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
07 March 2011
Hi,
I do part time accounts book writing work upto finalization in 2-3 firms, however, I would like to know that if I want to register myself as a "Sole Proprietor" and undertake jobs like accounts book-writing, tds/service tax return filing, etc. then, what are the legal requirements (Sole Proprietor License, Service Tax registration if at all required) for such registration as I live in Mumbai. This is because, if I have to open a bank account in my Sole proprietor's name for e.g. "T K Associates", then, the bank may require some proof for the same. Pls. reply.
I do part time accounts book writing work upto finalization in 2-3 firms, however, I would like to know that if I want to register myself as a "Sole Proprietor" and undertake jobs like accounts book-writing, tds/service tax return filing, etc. then, what are the legal requirements (Sole Proprietor License, Service Tax registration if at all required) for such registration as I live in Mumbai. This is because, if I have to open a bank account in my Sole proprietor's name for e.g. "T K Associates", then, the bank may require some proof for the same. Pls. reply.
08 March 2011
You just have to take gumasta in the name of your firm, apply for pan in the name of ur firm & when ur turnover exceeds the limit of service tax liability you have to register for the same.
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
- Applicability
- Is Aadhar PAN linking required for opening bank account?
- Where to show the RCM on Rent paid to unregistered landlord
- CPC Processing IT Return for AY 2023-24 without recognizing the Taxation Option under New Regime
- Application of 115BAC
- RCM - commercial rent paid to URP under GST
- Offsetting interest income against derivative trading losses
- TDS NUMBER SURRENDER
- GSTR-3B - Do I file nil when there is no sale but I've bought raw materials
- Legal heir raised refund , but refund issued to the closed account of deceased.
- Whether still royalty
- 20% OF DEMAND PAYMENT IN APPEAL
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding Resignation by Auditor from Pvt. Ltd.
Trending Online Classes
-
Excel Mastery Program
CA Rishabh Pugalia
CAclubindia
