We are planning to start a business (Firm) of exhibition where :
1. Big hall is taken on rent on periodic basis (location keeps changing).
2. Its divided into 25 stalls and given on rent to small traders.
What are the tax implications for the above business.
According to me :
A. TDS is to deducted while paying rent to the owner.
B. GST applicable at 18% for bills raised to small traders.
I feel below registrations are required :
1. Partnership Agreement.
2. PAN.
3. TDS.
4. TAN.
Please guide me.
Thanks
Is your Business firm /office location is fix place or keep changing ?.
CAclubindia
