How does LLP work in India: This act provides a framework for the establishment, operation, and dissolution of LLPs in the country. Here’s a unique overview of how LLP work in India : Formation: To form an LLP in India, you need at least two partners who can be individuals or corporate entities.… Read More »
Eligibility for GST registration Eligibility for GST registration Website link: Eligibility for GST registration: GST (Goods and Services Tax) registration in India is required for various entities involved in the supply of goods or services. The following individuals or entities are typically required to take GST registration: Regular Taxpayers: Businesses with an annual aggregate turnover… Read More »
TAN registration process for TDS return TAN registration process for TDS return Website Link: TAN registration process for TDS return: TAN (Tax Deduction and Collection Account Number) registration is required in the following circumstances: Tax Deduction at Source (TDS): Entities or individuals who are responsible for deducting tax at source as per the tax laws… Read More »
TAN registration process for TDS return TAN registration process for TDS return Website Link: TAN registration process for TDS return: In the context of TDS (Tax Deducted at Source) returns, the TAN (Tax Deduction and Collection Account Number) registration number refers to the unique ten-digit alphanumeric identifier assigned to the entity or individual responsible for… Read More »
TAN registration in Tally Website Link: TAN registration in Tally: Tally is an accounting software widely used for financial management and tax compliance. Tally allows users to record and manage TDS (Tax Deducted at Source) transactions, which require the TAN registration number. In Tally, you can configure and provide the TAN registration number while setting… Read More »
TAN registration definition TAN registration definition Website Link: TAN registration definition: TAN, which is short for Tax Deduction and Collection Account Number, represents a distinctive identifier used in taxation. It is a unique ten-digit alphanumeric identifier issued by the tax authorities in many countries, including India. TAN registration is required for entities or individuals responsible… Read More »
GSTIN verification through PAN number GSTIN verification through PAN number Website Link: GSTIN verification through PAN number: To check GST registration details using the PAN (Permanent Account Number) in India, you can follow these steps: Visit the official GST portal: Go to the Goods and Services Tax (GST) portal website of India at www.gst.gov.in. Click… Read More »
PAN and TAN registration PAN and TAN registration Website Link: PAN and TAN registration: PAN and TAN are two different registrations related to taxes. Here’s an overview of each: PAN Registration (Permanent Account Number): The Permanent Account Number (PAN) is a unique ten-digit alphanumeric identifier issued by the tax authorities in many countries, including India.… Read More »
Online GST registration process Online GST registration process Website Link: Online GST registration process: Yes, in many countries, including India, GST registration can be done online through the designated GST portal. Online registration provides convenience and simplifies the process for taxpayers. Here’s a general overview of the online GST registration process: Visit the GST Portal:… Read More »
GST registration process for taxpayers GST registration process for taxpayers Website Link: GST registration process for taxpayers: GST registration is applicable to both taxpayers and tax deductors, but the specific requirements and processes may vary. Let’s understand each category: Taxpayer: A taxpayer is a person or entity that is engaged in the supply of goods… Read More »