Bishwanath Bhagat (Audit Assistant) (21 Points)
04 August 2017Dear All,
My brother is paying the vehile/ Income tax by his own bank account online on behalf of other persons and earns a commission from each indiviual. He receives all the money by way of cash. He lives in Kolkata. I just like to know (1) does he needs to register for providing this kind of business/ service (2) Does he needs to resister under GST (3) what documents does he needs to keep from clients.
Thaks in Advance
Bhagat
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(182332 Points)
Replied 04 August 2017
He should register his commission business under shops & establishment act.
If his aggregate turnover including commission income exceed 20 lakhs he should get registered under GST.
He should maintain books of accounts........ and avoid taking cash from his customers, and take by cheque or bank transfer.
25 Hours GST Scrutiny of Return and Notice Handling(With Recording)
Survey, Search and Seizure under Income Tax Act 1961
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