D
Durgesh
GSTIN Number is required for e-commerce website??
Yes, you would be required to obtain GSTIN compulsorily as e- commerce operator. Section 24
CA Naman Maloo 13 Jun 2019Yes its compulsory for e commerce website if its going to do business all over india or outside india.
For further query you can mail me at canamanmaloo@gmail.com
G
Gourav
I am individual person. I have registered for sole proprietor ship can I open my office
Yes sir you can open your office. Where you have registered as sole proprietorship?
You need to elaborate your query or consult personally on canamanmaloo@gmail.com
A
Ash
Hi I have a question regarding lease of a 10000 (8600+1400) sq yards land, development and what to expect as rent and if there are any red flags I should watch out for?
Could you please elaborate your query ?
CA Naman Maloo 12 Jun 2019You must consult a Professional personally rather than posting it here as its more of proper consultation rather than a clear query
If you need any further assistance you can mail me at canamanmaloo@gmail.com
G
Gourav
Sir i want to run quiz app to earn real money with pay u money integration.i am invidual person can i run this with my saving account .can i run it without any obstruction
Hi.. As you are starting a business, it is advisable to open a Current account instead of savings account. Current account is meant for trading activities. If you have any other doubts then please contact me @ karteekcacma@gmail.com
CA Naman Maloo 12 Jun 2019First of all you must open a current account as bank might refuse to manage so many transaction for your saving account.
Also remember you are liable to deduct TDS if amount of winning is above 10000 for a person.
If you need any assistance you can mail me at canamanmaloo@gmail.com
Sir but I am using kotak bank account. Payu money gateway accept saving account. Can I have to pay tax on saving account balance received from this
T&C applyK
K Nik
My father (retired from service 7 years ago) inherited sum of Rs.10 lacs from his uncle. The money was in form of FD which is now transferred to my fathers account. Will there be any tax he suppose to pay?
You could consider it as a gift and it is received from a relative. Hence same is not chargeable to tax. For any queries please contact me @ karteekcacma@gmail.com
CA Naman Maloo 11 Jun 2019Your father would have paid tax on interest earned by him?
Also since for your fathers uncle your father was not a relative he can taxed for that. We need to discuss it further.
If you need any consultation you can mail me at canamanmaloo@gmail,com
Not Taxable as received as inheritance however interest income on the above is taxable
T&C apply
