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Nitin Kedia
Hi. We are a startup incorporated on 16.06.2015. We are an online portal for bulk exports of products from India by the name of www.ostabay.com.
We are looking to register ourselves under the Start Up India Scheme. Looking for someone who can help us do that.
Looking forward to your replies.
Regards.
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Hi, You can contact CA Ankit Rungta, he will connect you to the right incubators office
https://www.finaco.in/ca_listing_profile.php?userprofile=finaco_ca_1492270903
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Mahitha Ck
Hello,
We have taken a place for rent of 35000 for a cafe and the owner is insisting not to deduct TDS now as the limit will be raised from June. When that happens we won't have to pay any TDS. So he doesn't want to haggle with the government by paying now and reclaiming it later. But he's saying if that rule doesn't change and the current rule continues, we can pay at a shot the said TDS + interest.
Wanted to know if that's okay and would it affect us in any way?
Is it possible to pay TDS after 3 months with the interest?
We are starting as a unregistered partnership so, for the accounts to get audited is there any turnover limit for our business?
Hi, Yes you can pay the TDS for three months at one go with interest and there is no impact on you. Try not to pay later than 7'th July as a return needs to filed for the quarter, which may make it a little more complex.
The turnover limit for Tax Audit is 1 crore but if you fall under section 44 AD for presumptive taxation the limit is 2 crore
Hi
I suggest you should deduct tax immediately and not wait till June
Limit for tax audit is RS 2 cr, but if u wanna claim profit less than 8% then u need to get your books audited even if turnover is less than 2 cr
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Manoj Arveti
Hi i am an newly join IT employee and want to do my IT returns what are the documents needed for it.
You need a Form 16 from your employer
CA Arvind Khemka 19 Jun 2017Hi
You need form 16 and bank statement. That should be sufficient e
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Atul Singh
What is the procedure of registration on Dvat site..
http://taxguru.in/goods-and-service-tax/dvat-registration-online-process-2015.html
T&C applyN
Nishesh Solanki
I have moved to USA on work visa one year back. Is it mandatory to change all my investments from resident to NRE?
It depends on what Investment it is, will give you few examples:
1) If you have income from rent, dividend, interest, or others, You need to have a NRO account
2) If you want to send money back to India after moving, you will need to open a non-resident external (NRE) account.
3) Fixed, recurring deposits: if you have sufficient funds in the account for auto deductions no issue, otherwise you can link your NRO account.
4) Loans and credit cards: You can continue repaying loans through the NRO or NRE account. But can pay credit card bills only through NRO account.
5) Mutual funds: Ongoing systematic investment plans can continue with money from an NRO account. “But do remember that not all fund houses allow you to invest from abroad when your status changes to NRI. For instance, if you are going to Canada or the US, many fund houses will ask you to redeem the entire investment. But some allow you to hold.
6) Small savings: If you have invested in Public Provident Fund (PPF), you can continue the existing account. “But as an NRI, you won’t be able to open a new PPF account.
7) Shares and bonds: “You can invest or trade in stocks only through the portfolio investment scheme (PIS) of the RBI (Reserve Bank of India).
