M

Mathan

Trade name and trade mark availability checking

V

Vaishali Anand

I trade and invest in Indian Stock markets with my own capital. I do it via a standard demat and trading account. My question is will it be beneficial to form a company with regard to the taxes I pay?

R

Raghvendra

I am a first time tax payer, i am a proprietary firm forex trader i trade foriegn currency so i wanted to know how to and when to pay tax and what type of tax is applicable for me

S

Sakshi

What is section 11UA?

A

Aniket

In my last org in last financial year I received joining bonus ,say 2 Lakh, with 1 year clause. But I left the org within 2 months and hence returned back the whole amount.

Now in the ITR that I filed, I had to pay some extra amount, which I figured was due to tax that I had to pay on Joining bonus I received.

I reached out to my previous org on why they have considered this in my income in form 16 as I had returned it back. They responded after few days of reminding them that
"Necessary action for TDS refund need to be done from your (me actually) end while filing the ITR". Till that time deadline for ITR was over and I had to pay the extra amount in tax.

Can someone please guide me if it's still possible to recover the amount I was forced to pay and How?

Thanks in advance

D

Divakar Jha

I have a question regarding loan provision in a Pvt. Ltd. company for employee.

M

Monika

What is pol?

A

Ashish Shah

We have to a Pvt Limited Company in Assam. It was established in December 2020. The company is also registered under Start Up India. We earned revenue of around 2 lakh rupees in 2021-22 through business. The business is no loner operating and we want to close down the company permanently. What has to be done for the closure. Also is there any fast track closure scheme under Startup India. Kindly advice.

N

Naeem

I am about to start a company with one partner, we are having trouble choosing a form of a company should it be LLP or we can work it out with a partnership deed.

We have a word with one CA, he is saying that you should go with a partnership deed which has less compliances and dont have company income tax in other case "LLP", you have to pay 30% of total company profit to goverment plus normal income tax.

M

Mayank Chandna

Hi. I want to open a sole proprietorship to sell books on Amazon (which are GST free). To sell under a firm name, I need to register as a proprietorship. However, no bank is ready to open a current account under the firm name without a GST. They say you can bring an MSME certificate as that will do. But in the MSME registration form, they ask for the bank details of the firm.

It is circular. A non-GST proprietorship can't open a current account without an MSME certificate. And without a current account under the name of the firm you can't get an MSME certificate. What is to be done first? I don't understand.