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Anonymous

Dear All,
1. What is the difference between firm &
Company ?

2. What is the difference between partnership firm & proprietor ship firm?


ASHOK
27 June 2014 at 19:05

Registration query

Dear All,

We are planning to start a partnership firm in surat gujrat india and our main business is to sale textile products (readymade garment purchase and then sale + manufacture and then sale)through our website and we receive order and payment through our website and after it we delivered the goods to buyer which can be located in india or outside india.

Please suggest us what are the legal formalties and registration required to sale our product like PAN,TAN,VAT etc....


And my second question is whether we should take IEC(IMPORTER EXPORTER CODE)bacause we sale goods outside of india also if order received.

Can we apply for SSI also.

PLEASE GUIDE US....

THANKS IN ADVANCE







Anonymous
27 June 2014 at 19:01

Tds on rent

we have a bill of Rent

Rent 100


I need to deduct service charges(my income)10% that is Rs10/- remaining 90 to be paid as rent.
On what amount we need to deduct TDS (on Rs100 or Rs90)


CA Kalpesh Patel
27 June 2014 at 18:57

Audit applicability

if an individual having 2 independent proprietory business and the turnover of one business is 52.00 lakhs and another is 49.00 lakhs and if, 1) he declare profit in both business more than 8% is audit applicable.? 2)he declare profit under 8% in both the business than audit is applicable..? 3) he declare profit in one business above 8% and in another below 8% than what will be the circumstances for audit..? as of now the audit report is to be uploaded online so if. 1) auditor is one how can he upload audit report ..Combine business or separately upload.. 2) if auditor for both the business are different than how they deal with that..? thaks for ur time...




Anonymous
27 June 2014 at 18:37

Rent income from commercial shop

One of us client is into the business of selling of Gold & Jewellery.He has given a Commercial Shop on Rent and he is receiving rent and further he has taken a loan against Shop.
So can he claimed a deduction of interest paid against Shop loan?
if yes then under which section?


Sujith
27 June 2014 at 18:31

Sec 44 ad

During the AY 2014-15 my tours & travels business incurred a loss of Rs 3,33,468.My question is sec 44 AD is applicable or not in the case of tours & travels business and need to audit?


Dinesh Puri

Dear Sir,

please advise on follow matter:
we have paid sum amount to outside india against technical services for machinery installation without TDS deduct.
WE have not paid TDS.

Plz advise us that TDS liability on this or not.

Thanks


Vineeth PN
27 June 2014 at 18:12

Tax

What Is mean By CENVAT?Is It central Vat?


JAYAKUMAR.M.G
27 June 2014 at 18:11

Sending of signed itr v to cpc

Hi Members
Kindly clarify whether it is mandatory to send the duly signed ITRV to CPC thro Speed Post only or we can send thro ordinary post as we were done last year?
Thanks in Advance







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