I am having a consulting firm (proprietary). NOW I have to enter into a contract with a company for some consultancy work. My question is whether I should get the contract in my personal name or in the name of my firm which is registered for service tax..
4 Replies
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(178179 Points)
Replied 05 January 2017
Generally the name of firm is preferred, but if you wish even you can get it in your personal name.
Sagar Devani
(Corporate and International Taxation)
(1174 Points)
Replied 05 January 2017
It would be better if it's in the name of the firm.
venkat
(CA )
(1518 Points)
Replied 05 January 2017
NAME OF THE FIRM IS GENERALLY PREFERRED , IF YOU WANT TO ENTER INDIVIUALLY REGISTER YOURSELF WITH SERVICE TAX DEPT AND INVOIVE MUST BE GIVEN IN YOUR NAME .
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