A PAN is a legal requirement for company owners working in India, according to the Income Tax Act of 1961. The PAN assists the IT department in finding financial loopholes created by incorrect or late transactions.
Income tax audit is an inspection of books of account of any profession or business from a viewpoint of tax compliance. It involves the evaluation of income tax returns, income earned, deductions claimed and other provisions under the income tax act.
Anyone can surrender GST registration when the annual turnover is less than INR 20 lakhs. Central Tax Authority has the power to cancel the GSTIN issued to the taxpayer by Cancelling the GST Registration.
One Person Company Registration is very simple, and you can run a company single-handedly without any complexity of having partners. In this blog, we discuss One Person Company Registration in Gurgaon.
The registration of FSSAI is based on the annual turnover and type of business. Always keep in mind that FSSAI License in Tripura is always advantageous to have and not a disadvantage in any means.
The finance business in India is highly complicated and strict and so to ease down this sector, Nidhi Companies has been proved to be a better financial business in India.
A prearranged late fees will be charged on per day basis for delay, when a GST Registered business fails to file GST return inside the prescribed due dates.
It is clear that the company registration in India helps in promoting the startups and also gives an extra advantage over others who have not registered their company.
