#Apartments near Keelkattalai
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deepika112 · 8 months ago
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Chennai's Best Places to Invest in Real Estate in 2024
Many times, prospective buyers, who are looking to purchase their first property or get good returns from their invested money in real estate, search for the best spots to invest in Chennai. Tremendous economic growth and infrastructural development in Chennai have attracted many investors.
The Best Area to Invest in Chennai for Appreciation and a Peaceful Lifestyle
If you look for land suitable for your own or just a plot to be expanded, then there will be some iconic places combining the charm of the old world with modern development. The elite developers and potential investors were unanimously inclined towards these top areas; hence, these turned out to be hot investment spots.
Motives for Investing in Medavakkam as the Best Area in Chennai
Sitting very near the airport (domestic) and eminent IT corridors (ITC), Medavakkam comes across as one of the top favorite places to invest in Chennai. Among its many benefits, its strategic location facilitates traffic efficiency and, at the same time, encourages both residential and commercial projects to be set up there. Medavakkam is unique with its mix of residential and commercial areas.
Scope of Poonamallee as the Best Place to Invest in Land in Chennai
Poonamallee stands out for its notable presence in defense establishments, contributing to its stability and rental income potential. With some of the lowest property prices among Chennai suburbs, Poonamallee presents an appealing choice for investors mindful of their budget. The area's accessibility is bolstered by the Poonamallee railway station and other nearby amenities, ensuring convenient commuting options for residents.
Adyar: A Prime Destination for Real Estate Investment
Plots for sale in Adyar give a range of available houses for customers with any budget type. That's why Adyar is the best choice for both seasoned investors and first-time buyers. With a multitude of educational institutes, hospitals, shopping malls, and entertainment spots, Adyar makes life a great place for residents.
Keelkattalai: Bridging Tradition with Modernity
An apartment for rent in Keelkattalai is a low cost building plot that gives you a peaceful environment that combines the urban convenience and the lack of noise of the busy town. Keelkattalai has undergone amazing infrastructure development, i.e., world-class road networks and very cheap houses. Properties that already exist there and new developments there still potentially offer promise for property value appreciation.
Nanganallur: Embrace Modern Living at Your Fingertips
Nanganallur stands out as the best property market in Chennai, which promises rapid growth, and the area gains popularity as an up-and-coming location for business opportunities. The fact that it is located in a strategic area near the most important IT parks and employment centers on OMR and GST Road makes it one of the first options for individuals wishing to cultivate their higher paying job opportunities in the growing market. Providing plots for sale in Nanganallur at a moderate cost.
Final Thoughts
Chennai offers various opportunities for investing in land, but the returns on your investment depend on the choices you make. In the blog, we've discussed some unique and affordable investment options that can offer potential returns. However, choosing the right location requires careful consideration of factors like connectivity, infrastructure, future growth potential, and affordability.
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synmacconsultants · 1 year ago
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Partnership Firm Registration In Bangalore
Partnership Firm Registration In Bangalore
Partnership Firm Registration In Bangalore
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Company Registration in Chennai
Chennai-1 Corporate office Asirvadham Apartment,No. 12, Flat No. 12A, Puliyar 2nd Main Road, 1st Lane, Trust Puram, Kodambakkam, Chennai - 600 024 Chennai-2 Address #56/80, Medavakkam Main Road, Keelkattalai, Chennai - 600 117. Landmark : Opp to Andhra Bank New Delhi Address B44,Birbal Road, Lajpat Nagar II, Lajpat Nagar, New Delhi, Delhi 110024 Bangalore Address No. 117/1, First Floor, 2nd Main Road, Shesadripuram, Bangalore – 560020 Landmark : Near Mantri mall Metro station Copyright © 2016 All rights Reserved;
Company Registration in Chennai | Service Tax Consultants
If looking for Company Registration Consultants in Chennai, company registration in chennai, Service Tax, Sales, TIN, VAT ,Return Fillings,
SYNMAC.IN
Partnership Firms Registration Procedure Under Indian Partnership Act
A partnership firm is one of the most important forms of a business organization. It is a popular form of business structure in India. A minimum of two persons are required to establish a partnership firm. A partnership firm is where two or more persons come together to establish a business and divide its profits amongst themselves in the agreed ratio. The partnership business includes any kind of trade, occupation and profession.
The Indian Partnership Act, 1932 governs and regulates partnership firms in India. The persons who come together to form the partnership firm are knowns as partners. The partnership firm is constituted under a contract between the partners. The contract between the partners is known as a partnership deed which regulates the relationship among the partners and also between the partners and the partnership firm.
A partnership firm is one of the most important forms of a business organization. It is a popular form of business structure in India. A minimum of two persons are required to establish a partnership firm. A partnership firm is where two or more persons come together to establish a business and divide its profits amongst themselves in the agreed ratio. The partnership business includes any kind of trade, occupation and profession.
The Indian Partnership Act, 1932 governs and regulates partnership firms in India. The persons who come together to form the partnership firm are knowns as partners. The partnership firm is constituted under a contract between the partners. The contract between the partners is known as a partnership deed which regulates the relationship among the partners and also between the partners and the partnership firm.
Advantages of Partnership Firm
Easy to Incorporate
The incorporation of a partnership firm is easy as compared to the other forms of business organizations. The partnership firm can be incorporated by drafting the partnership deed and entering into the partnership agreement. Apart from the partnership deed, no other documents are required. It need not even be registered with the Registrar of Firms. A partnership firm can be incorporated and registered at a later date as registration is voluntary and not mandatory.
Less Compliances
The partnership firm has to adhere to very few compliances as compared to a company or LLP. The partners do not need a Digital Signature Certificate (DSC), Director Identification Number (DIN), which is required for the company directors or designated partners of an LLP. The partners can introduce any changes in the business easily. They do have legal restrictions on their activities. It is cost-effective, and the registration process is cheaper compared to a company or LLP. The dissolution of the partnership firm is easy and does not involve many legal formalities.
Quick Decision
The decision-making process in a partnership firm is quick as there is no difference between ownership and management. All the decisions are taken by the partners together, and they can be implemented immediately. The partners have wide powers and activities which they can perform on behalf of the firm. They can even undertake certain transactions on behalf of the partnership firm without the consent of other partners.
Sharing of Profits and Losses
The partners share the profits and losses of the firm equally. They even have the liberty of deciding the profit and loss ratio in the partnership firm. Since the firm’s profits and turnover are dependent on their work, they have a sense of ownership and accountability. Any loss of the firm will be borne by them equally or according to the partnership deed ratio, thus reducing the burden of loss on one person or partner. They are liable jointly and severally for the activities of the firm.
Disadvantages of Partnership Firm
Unlimited Liability
The biggest disadvantage of the partnership firm is having an unlimited liability of the partners. The partners have to bear the loss of the firm out of their personal estate. Whereas in a company or LLP, the shareholders or partners have liability limited to the extent of their shares. The liability created by one partner of the partnership firm is to be borne by all the partners of the firm. If the firm’s assets are insufficient to pay the debt, then the partners will have to pay off the debt from their personal property to the creditors.
No Perpetual Succession
The partnership firm does not have perpetual succession, as in the case of a company or LLP. This means that a partnership firm will come to an end upon the death of a partner or insolvency of all the partners except one. It may also be dissolved if a partner gives notice of dissolution of the firm to the other partners. Thus, the partnership firm can come to an end at any time.
Limited Resources
The maximum number of partners in a partnership firm is 20. There is a restriction on the number of partners, and hence the capital invested in the firm is also restricted. The capital of the firm is the sum total of the amount invested by each partner. This restricts the firm’s resources, and the partnership firm cannot take up large scale business.
Difficult to Raise Funds
Since the partnership firm does not have perpetual succession and a separate legal entity, it is difficult to raise capital. The firm does not have many options for raising capital and growing its business as compared to a company or LLP. As there are no strict legal compliances, people have less faith in the firm. The accounts of the firm need not be published. Thus, it is difficult to borrow funds from third parties.
What is Partnership Registration?
Partnership registration means the registration of the partnership firm by its partners with the Registrar of Firms. The partners should register their firm with the Registrar of Firms of the state where the firm is located. Since partnership firm registration is not compulsory, the partners can apply for registration of the partnership firm either at the formation of the firm or subsequently at any time during its operation.
For partnership registration, the two or more people must come together as partners, agree on a firm name and enter into a partnership deed. However, partners cannot be members of a Hindu Undivided Family or husband and wife.
Importance of Registering a Partnership Firm
The registration of a partnership firm is optional and not compulsory under the Indian Partnership Act. It is at the discretion of the partners and voluntary. The firm’s registration can be done at the time of its formation or incorporation or during the continuance of the partnership business.
However, it is always advisable to register the partnership firm as a registered partnership firm enjoys certain special rights and benefits as compared to the unregistered firms. The benefits that a partnership firm enjoy are:
A partner can sue against any partner or the partnership firm for enforcing his rights arising from a contract against the partner or the firm. In the case of an unregistered partnership firm, partners cannot sue against the firm or other partners to enforce his right.
The registered firm can file a suit against any third party for enforcing a right from a contract. In the case of an unregistered firm, it cannot file a suit against any third party to enforce a right. However, any third party can file a suit against the unregistered firm.
The registered firm can claim set-off or other proceedings to enforce a right arising from a contract. The unregistered firm cannot claim set off in any proceedings against it.
Procedure for Registering a Partnership Firm
Step 1: Application for Registration
An application form has to be filed to the Registrar of Firms of the State in which the firm is situated along with prescribed fees. The registration application has to be signed and verified by all the partners or their agents. The application can be sent to the Registrar of Firms through post or by physical delivery, which contains the following details:
The name of the firm.
The principal place of business of the firm.
The location of any other places where the firm carries on business.
The date of joining of each partner.
The names and permanent addresses of all the partners.
The duration of the firm.
Step 2: Selection of Name of the Partnership Firm
Any name can be given to a partnership firm. But certain conditions need to be followed while selecting the name::
The name should not be too similar or identical to an existing firm doing the same business.
The name should not contain words like emperor, crown, empress, empire or any other words which show sanction or approval of the government.
Step 3: Certificate of Registration
If the Registrar is satisfied with the registration application and the documents, he will register the firm in the Register of Firms and issue the Registration Certificate. The Register of Firms contains up-to-date information on all firms, and anybody can view it upon payment of certain fees.
An application form along with fees is to be submitted to the Registrar of Firms of the State in which the firm is situated. The application has to be signed by all partners or their agents.
Documents for Registration of Partnership
The documents required to be submitted to Registrar for registration of a Partnership Firm are:
Application for registration of partnership (Form 1)
Certified original copy of Partnership Deed.
Specimen of an affidavit certifying all the details mentioned in the partnership deed and documents are correct.
PAN Card and address proof of the partners.
Proof of principal place of business of the firm (ownership documents or rental/lease agreement).
If the registrar is satisfied with the documents, he will register the firm in the Register of Firms and issue a Certificate of Registration. Register of Firms contains up-to-date information on all firms and can be viewed by anybody upon payment of certain fees.
Partnership Firm Registration Fees
The government fees applicable for a partnership firm registration varies from state to state depending on the partner’s contribution. However, you can file for partnership firm registration online through the Synmac Partnership Firm Registration Plan.
The Partnership Firm Registration Plan amount includes the following services:
PAN application
Partnership deed drafting
Filing of deed and other documents with the Registrar of Firms
Issue of registration certificate
100% online process
Session with Synmac expert
*Price shown above may vary. Please click here to contact our experts for complete pricing details
Name Given to the Partnership Firm
Any name can be given to a partnership firm as long as you fulfil the following conditions:
The name shouldn’t be too similar or identical to an existing firm doing the same business,
The name shouldn’t contain words like emperor, crown, empress, empire or any other words which show sanction or approval of the government.
Partnership Deed
A partnership deed is an agreement between the partners in which rights, duties, profits shares and other obligations of each partner is mentioned. A partnership deed can be written or oral, although it is always advisable to write a partnership deed to avoid any conflicts in the future.
Details Required in a Partnership Deed
General details
Name and address of the firm and all the partners.
Nature of business.
Date of starting of business Capital to be contributed by each partner.
Capital to be contributed by each partner.
Profit/loss sharing ratio among the partners.
Specific details
Apart from these, certain specific clauses may also be mentioned to avoid any conflict at a later stage:
Interest on capital invested, drawings by partners or any loans provided by partners to the firm.
Salaries, commissions or any other amount to be payable to partners.
Rights of each partner, including additional rights to be enjoyed by the active partners.
Duties and obligations of all partners.
Adjustments or processes to be followed on account of retirement or death of a partner or dissolution of the firm.
Other clauses as partners may decide by mutual discussion.
Timelines for Partnership Firm Registration
The partnership firm registration process takes approximately 10 days, subject to departmental approval and reverts from the respective department.
Checklist for Partnership Firm Registration
Drafting of Partnership Deed.
Minimum two members as partners.
Maximum of equal to or less than twenty partners.
Selection of appropriate name.
Principal Place of business.
PAN card and bank account of the firm.
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drahomeschennai · 5 years ago
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Great is your desire, Excellent is our service
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"Dream big" is just a statement, what matters is whether you actually take efforts to work and make it no more just a dream or a statement. Most of us are likely to dream of a nice house for owning a house is one of the signs of a well settled life. To make sure that your dream is in perfect hands, you must make sure you give it to the right builders.
Say hello to the best of the builders, DRA Homes!  A bit of magic is involved for sure. We see our customers' eyes light up when they see what they are about to own. And exactly that has led us to believe in magic. We strive to see the more of those sparkly eyes.
We all have definite requirements and if your current requirement matches with 2bhk apartments near Madipakkam, you have found the best choice you'll come across, DRA Homes. These apartments near Madipakkam will nurture your requirement so very finely and you will see yourself satisfied by the end of the house tour. We'd be so pleased to show you around our apartments near Madipakkam and we'd be even more pleased to help you choose your abode forever. These 2bhk apartments near Keelkattalai are built with strong foundation for all the lovely families meant to build their life at DRA Homes.
Let us help you, let us make your home and let us help you fully live.
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synmacconsultants · 1 year ago
Text
Partnership Firm Registration In Bangalore
Partnership Firm Registration In Bangalore
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Company Registration in Chennai
Chennai-1 Corporate office Asirvadham Apartment,No. 12, Flat No. 12A, Puliyar 2nd Main Road, 1st Lane, Trust Puram, Kodambakkam, Chennai - 600 024 Chennai-2 Address #56/80, Medavakkam Main Road, Keelkattalai, Chennai - 600 117. Landmark : Opp to Andhra Bank New Delhi Address B44,Birbal Road, Lajpat Nagar II, Lajpat Nagar, New Delhi, Delhi 110024 Bangalore Address No. 117/1, First Floor, 2nd Main Road, Shesadripuram, Bangalore – 560020 Landmark : Near Mantri mall Metro station Copyright © 2016 All rights Reserved;
Partnership Firms Registration Procedure Under Indian Partnership Act
A partnership firm is one of the most important forms of a business organization. It is a popular form of business structure in India. A minimum of two persons are required to establish a partnership firm. A partnership firm is where two or more persons come together to establish a business and divide its profits amongst themselves in the agreed ratio. The partnership business includes any kind of trade, occupation and profession.
The Indian Partnership Act, 1932 governs and regulates partnership firms in India. The persons who come together to form the partnership firm are knowns as partners. The partnership firm is constituted under a contract between the partners. The contract between the partners is known as a partnership deed which regulates the relationship among the partners and also between the partners and the partnership firm.
A partnership firm is one of the most important forms of a business organization. It is a popular form of business structure in India. A minimum of two persons are required to establish a partnership firm. A partnership firm is where two or more persons come together to establish a business and divide its profits amongst themselves in the agreed ratio. The partnership business includes any kind of trade, occupation and profession.
The Indian Partnership Act, 1932 governs and regulates partnership firms in India. The persons who come together to form the partnership firm are knowns as partners. The partnership firm is constituted under a contract between the partners. The contract between the partners is known as a partnership deed which regulates the relationship among the partners and also between the partners and the partnership firm.
Advantages of Partnership Firm
Easy to Incorporate
The incorporation of a partnership firm is easy as compared to the other forms of business organizations. The partnership firm can be incorporated by drafting the partnership deed and entering into the partnership agreement. Apart from the partnership deed, no other documents are required. It need not even be registered with the Registrar of Firms. A partnership firm can be incorporated and registered at a later date as registration is voluntary and not mandatory.
Less Compliances
The partnership firm has to adhere to very few compliances as compared to a company or LLP. The partners do not need a Digital Signature Certificate (DSC), Director Identification Number (DIN), which is required for the company directors or designated partners of an LLP. The partners can introduce any changes in the business easily. They do have legal restrictions on their activities. It is cost-effective, and the registration process is cheaper compared to a company or LLP. The dissolution of the partnership firm is easy and does not involve many legal formalities.
Quick Decision
The decision-making process in a partnership firm is quick as there is no difference between ownership and management. All the decisions are taken by the partners together, and they can be implemented immediately. The partners have wide powers and activities which they can perform on behalf of the firm. They can even undertake certain transactions on behalf of the partnership firm without the consent of other partners.
Sharing of Profits and Losses
The partners share the profits and losses of the firm equally. They even have the liberty of deciding the profit and loss ratio in the partnership firm. Since the firm’s profits and turnover are dependent on their work, they have a sense of ownership and accountability. Any loss of the firm will be borne by them equally or according to the partnership deed ratio, thus reducing the burden of loss on one person or partner. They are liable jointly and severally for the activities of the firm.
Disadvantages of Partnership Firm
Unlimited Liability
The biggest disadvantage of the partnership firm is having an unlimited liability of the partners. The partners have to bear the loss of the firm out of their personal estate. Whereas in a company or LLP, the shareholders or partners have liability limited to the extent of their shares. The liability created by one partner of the partnership firm is to be borne by all the partners of the firm. If the firm’s assets are insufficient to pay the debt, then the partners will have to pay off the debt from their personal property to the creditors.
No Perpetual Succession
The partnership firm does not have perpetual succession, as in the case of a company or LLP. This means that a partnership firm will come to an end upon the death of a partner or insolvency of all the partners except one. It may also be dissolved if a partner gives notice of dissolution of the firm to the other partners. Thus, the partnership firm can come to an end at any time.
Limited Resources
The maximum number of partners in a partnership firm is 20. There is a restriction on the number of partners, and hence the capital invested in the firm is also restricted. The capital of the firm is the sum total of the amount invested by each partner. This restricts the firm’s resources, and the partnership firm cannot take up large scale business.
Difficult to Raise Funds
Since the partnership firm does not have perpetual succession and a separate legal entity, it is difficult to raise capital. The firm does not have many options for raising capital and growing its business as compared to a company or LLP. As there are no strict legal compliances, people have less faith in the firm. The accounts of the firm need not be published. Thus, it is difficult to borrow funds from third parties.
What is Partnership Registration?
Partnership registration means the registration of the partnership firm by its partners with the Registrar of Firms. The partners should register their firm with the Registrar of Firms of the state where the firm is located. Since partnership firm registration is not compulsory, the partners can apply for registration of the partnership firm either at the formation of the firm or subsequently at any time during its operation.
For partnership registration, the two or more people must come together as partners, agree on a firm name and enter into a partnership deed. However, partners cannot be members of a Hindu Undivided Family or husband and wife.
Importance of Registering a Partnership Firm
The registration of a partnership firm is optional and not compulsory under the Indian Partnership Act. It is at the discretion of the partners and voluntary. The firm’s registration can be done at the time of its formation or incorporation or during the continuance of the partnership business.
However, it is always advisable to register the partnership firm as a registered partnership firm enjoys certain special rights and benefits as compared to the unregistered firms. The benefits that a partnership firm enjoy are:
A partner can sue against any partner or the partnership firm for enforcing his rights arising from a contract against the partner or the firm. In the case of an unregistered partnership firm, partners cannot sue against the firm or other partners to enforce his right.
The registered firm can file a suit against any third party for enforcing a right from a contract. In the case of an unregistered firm, it cannot file a suit against any third party to enforce a right. However, any third party can file a suit against the unregistered firm.
The registered firm can claim set-off or other proceedings to enforce a right arising from a contract. The unregistered firm cannot claim set off in any proceedings against it.
Procedure for Registering a Partnership Firm
Step 1: Application for Registration
An application form has to be filed to the Registrar of Firms of the State in which the firm is situated along with prescribed fees. The registration application has to be signed and verified by all the partners or their agents. The application can be sent to the Registrar of Firms through post or by physical delivery, which contains the following details:
The name of the firm.
The principal place of business of the firm.
The location of any other places where the firm carries on business.
The date of joining of each partner.
The names and permanent addresses of all the partners.
The duration of the firm.
Step 2: Selection of Name of the Partnership Firm
Any name can be given to a partnership firm. But certain conditions need to be followed while selecting the name::
The name should not be too similar or identical to an existing firm doing the same business.
The name should not contain words like emperor, crown, empress, empire or any other words which show sanction or approval of the government.
Step 3: Certificate of Registration
If the Registrar is satisfied with the registration application and the documents, he will register the firm in the Register of Firms and issue the Registration Certificate. The Register of Firms contains up-to-date information on all firms, and anybody can view it upon payment of certain fees.
An application form along with fees is to be submitted to the Registrar of Firms of the State in which the firm is situated. The application has to be signed by all partners or their agents.
Documents for Registration of Partnership
The documents required to be submitted to Registrar for registration of a Partnership Firm are:
Application for registration of partnership (Form 1)
Certified original copy of Partnership Deed.
Specimen of an affidavit certifying all the details mentioned in the partnership deed and documents are correct.
PAN Card and address proof of the partners.
Proof of principal place of business of the firm (ownership documents or rental/lease agreement).
If the registrar is satisfied with the documents, he will register the firm in the Register of Firms and issue a Certificate of Registration. Register of Firms contains up-to-date information on all firms and can be viewed by anybody upon payment of certain fees.
Partnership Firm Registration Fees
The government fees applicable for a partnership firm registration varies from state to state depending on the partner’s contribution. However, you can file for partnership firm registration online through the Synmac Partnership Firm Registration Plan.
The Partnership Firm Registration Plan amount includes the following services:
PAN application
Partnership deed drafting
Filing of deed and other documents with the Registrar of Firms
Issue of registration certificate
100% online process
Session with Synmac expert
*Price shown above may vary. Please click here to contact our experts for complete pricing details
Name Given to the Partnership Firm
Any name can be given to a partnership firm as long as you fulfil the following conditions:
The name shouldn’t be too similar or identical to an existing firm doing the same business,
The name shouldn’t contain words like emperor, crown, empress, empire or any other words which show sanction or approval of the government.
Partnership Deed
A partnership deed is an agreement between the partners in which rights, duties, profits shares and other obligations of each partner is mentioned. A partnership deed can be written or oral, although it is always advisable to write a partnership deed to avoid any conflicts in the future.
Details Required in a Partnership Deed
General details
Name and address of the firm and all the partners.
Nature of business.
Date of starting of business Capital to be contributed by each partner.
Capital to be contributed by each partner.
Profit/loss sharing ratio among the partners.
Specific details
Apart from these, certain specific clauses may also be mentioned to avoid any conflict at a later stage:
Interest on capital invested, drawings by partners or any loans provided by partners to the firm.
Salaries, commissions or any other amount to be payable to partners.
Rights of each partner, including additional rights to be enjoyed by the active partners.
Duties and obligations of all partners.
Adjustments or processes to be followed on account of retirement or death of a partner or dissolution of the firm.
Other clauses as partners may decide by mutual discussion.
Timelines for Partnership Firm Registration
The partnership firm registration process takes approximately 10 days, subject to departmental approval and reverts from the respective department.
Checklist for Partnership Firm Registration
Drafting of Partnership Deed.
Minimum two members as partners.
Maximum of equal to or less than twenty partners.
Selection of appropriate name.
Principal Place of business.
PAN card and bank account of the firm.
0 notes
synmacconsultants · 1 year ago
Text
GST Registration In Chennai
GST Registration In Chennai
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Company Registration in Chennai
Chennai-1 Corporate office Asirvadham Apartment,No. 12, Flat No. 12A, Puliyar 2nd Main Road, 1st Lane, Trust Puram, Kodambakkam, Chennai - 600 024 Chennai-2 Address #56/80, Medavakkam Main Road, Keelkattalai, Chennai - 600 117. Landmark : Opp to Andhra Bank New Delhi Address B44,Birbal Road, Lajpat Nagar II, Lajpat Nagar, New Delhi, Delhi 110024 Bangalore Address No. 117/1, First Floor, 2nd Main Road, Shesadripuram, Bangalore – 560020 Landmark : Near Mantri mall Metro station Copyright © 2016 All rights Reserved;
INTRODUCTION GST :
All persons classified as taxable person under GST are required to obtain GST registration and begin filing GST monthly returns from the month of September, 2017. In this article, we look at the list of documents required for GST registration in India.
We provide below services:
1.GST Registration Consultants In Chennai
2.GST Consultants In Chennai
3.GST Registration Procedure In Chennai
4.GST Services In Chennai
Documents Required for GST Registration
1. PAN Card of the Business or Applicant
GST registration is linked to the PAN of the business. Hence, PAN must be obtained for the legal entity before applying for GST Registration.
2. Identity and Address Proof along with Photographs
The following persons are required to submit their identity proof and address proof along with photographs. For identity proof, documents like PAN, passport, driving license, Aadhaar card or voters identity card can be submitted. For address proof, documents like passport, driving license, Aadhaar card, voters identity card and ration card can be submitted.
Proprietary Concern — Proprietor
Partnership Firm / LLP — Managing/Authorized/Designated Partners (personal details of all partners are to be submitted but photos of only ten partners including that of Managing Partner are to be submitted)
Hindu Undivided Family — Karta
Company- Managing Director, Directors and the Authorized Person
Trust — Managing Trustee, Trustees and Authorized Person
Association of Persons or Body of Individuals-Members of Managing Committee (personal details of all members are to be submitted but photos of only ten members including that of Chairman are to be submitted)
Local Authority — CEO or his equivalent
Statutory Body — CEO or his equivalent
Others — Person(s) in Charge
3. Business Registration Document
Proof of business registration must be submitted for all types of entities. For proprietorships there is no requirement for submitting this document, as the proprietor and proprietorship are considered the same legal entity.
In case of partnership firm the partnership deed must be submitted. In case of LLP or Company, the incorporation certificate from MCA must be submitted. For other types of entities like society, trust, club, government department or body of individuals, registration certificate can be provided.
4. Address Proof for Place of Business
For all places of business mentioned in the GST registration application, address proof must be submitted. The following documents are acceptable as address proof for GST registration.
5. For Own premises
Any document in support of the ownership of the premises like latest Property Tax Receipt or Municipal Khata copy or copy of Electricity Bill.
6. For Rented or Leased Premises
copy of the valid rental agreement with any document in support of the ownership of the premises of the Lessor like Latest Property Tax Receipt or Municipal Khata copy or copy of Electricity Bill. If rental agreement or lease deed is not available, then an affidavit to that effect along with any document in support of the possession of the premises like copy of electricity bill is acceptable.
7. SEZ Premises
If the principal place of business is located in an SEZ or the applicant is an SEZ developer, necessary documents/certificates issued by Government of India are required to be uploaded.
8. All Other Cases
For all other cases, a copy of the consent letter of the owner of the premises with any document in support of the ownership of the premises of the Consenter like Municipal Kharta copy or Electricity Bill copy. For shared properties also, the same documents can be uploaded.
9. Bank Account Proof
Scanned copy of the first page of bank passbook or the relevant page of bank statement or scanned copy of a cancelled cheque containing name of the Proprietor or Business entity, Bank Account No., MICR, IFSC and Branch details including code.
10. Digital Signature
All application for GST registration must be digitally signed with a Class 2 Digital Signature. Hence, its important that digital signature be obtained for the following person who is authorized to sign the GST registration application before beginning the application process.
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synmacconsultants · 1 year ago
Text
ITR For Consultants
What is ITR?
Income Tax Return (ITR) is a form which a person is supposed to submit to the Income Tax Department of India. It contains information about the person’s income and the taxes to be paid on it during the year. Information filed in ITR should pertain to a particular financial year, i.e. starting on 1st April and ending on 31st March of the next year.
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Company Registration in Chennai
Chennai-1 Corporate office Asirvadham Apartment,No. 12, Flat No. 12A, Puliyar 2nd Main Road, 1st Lane, Trust Puram, Kodambakkam, Chennai - 600 024 Chennai-2 Address #56/80, Medavakkam Main Road, Keelkattalai, Chennai - 600 117. Landmark : Opp to Andhra Bank New Delhi Address B44,Birbal Road, Lajpat Nagar II, Lajpat Nagar, New Delhi, Delhi 110024 Bangalore Address No. 117/1, First Floor, 2nd Main Road, Shesadripuram, Bangalore – 560020 Landmark : Near Mantri mall Metro station Copyright © 2016 All rights Reserved;
Is it mandatory to file Income Tax Return?
As per the tax laws laid down in India, it is compulsory to file your income tax returns if your income is more than the basic exemption limit. The income tax rate is pre-decided for taxpayers. A delay in filing returns will not only attract late filing fees but also hamper your chances of getting a loan or a visa for travel purposes.
Who should file Income Tax Returns?
According to the Income Tax Act, income tax has to be paid only by individuals or businesses who fall within certain income brackets. Mentioned below are entities or businesses that are required to compulsorily file their ITRs in India:
All individuals, up to the age of 59, whose total income for a financial year exceeds Rs 2.5 lakh. For senior citizens (aged 60–79), the limit increases to Rs. 3 lakh and for super senior citizens (aged 80 and above) the limit is Rs. 5 lakhs. It is important to note that the income amount should be calculated before factoring in the deductions allowed under Sections 80C to 80U and other exemptions under section 10.
All registered companies that generate income, regardless of whether they’ve made any profit or not through the year.
Those who wish to claim a refund on the excess tax deducted/income tax they’ve paid.
Individuals who have assets or financial interest entities that are located outside India.
Foreign companies that enjoy treaty benefits on transactions made in India.
NRIs who earn or accrue more than Rs. 2.5 lakh in India in a single financial year.
Income can be of various forms such as :
Income from salary
Profits and gains from business and profession
Income from house property
Income from capital gains
Income from other sources such as dividend, interest on deposits, royalty income, winning on lottery, etc.
The Income Tax Department has prescribed 7 types of ITR forms — ITR-1, ITR-2, ITR-3, ITR-4, ITR-5, ITR-6, ITR-7 and applicability of the form will depend on the nature and amount of income and the type of taxpayer.
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drahomeschennai · 5 years ago
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The Best Place to Buy an Apartment Now
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In a country like ours, real estate is a major source of investment. Many receive property that has been passed on through generations, while others view it as an avenue to park their funds as a long term investment. In addition to the increasing value of the land, residential and commercial properties can earn a steady income to the owners in the form of rent. A wise person would say now is the right time to invest in apartments near Madipakkam. It is well-connected with easy access to the railway and metro station and a regular stream of public bus services. It is a much developed region with many banks, hospitals, schools and other educational institutions in that area. Whether it is grocery shopping or simply window shopping the streets are full of stores to meet every one of your needs. The price of land in the areas nearby is on the rise due to the high demand for property there. This is the reason why it the right time to invest in 2 bhk apartments near Madipakkam. DRA homes have a few apartments near Madipakkam which are under construction. The Tuxedo, Ascot and 90 degrees are all projects that are being sold at a fast rate. Additionally, each of the apartments offer the best feature in terms of 24 hours security, uninterrupted electricity and water supply, recreations rooms and many more. Contact us at DRA Homes to find out more about the 2 bhk apartments near Madipakkam for sale.
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drahomeschennai · 6 years ago
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DRA Homes: the best Chennai has to offer
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Buying a flat or an apartment in Chennai can be time-consuming and a stressful task, especially when having so many options out there. With the city having an inflow of at least a lakh of migrant IT employees a year, accommodation and residential decisions is the first and the most important aspect taken into consideration. DRA Homes is an established real-estate development business with the best expertise in the industry. With over 100 years of experience in the field, DRA Homesprovides the best-in-the-category options for you to select your home/flat or apartment. Customer satisfaction is DRA’s main priority, and they look forward to creating the WOW factor is all of their developments.
Apartments for sale in Kovilambakkam: DRA homes also have their real-estate developments in Kovilambakkam, Chennai. DRA homes have flats for sale in Kovilambakkam, and now you can choose what and how you need your new home to be, as they come in 2 BHK, 2.5 BHK, and 3BHK apartments. DRA homes also have their flats/apartments for sale in other parts of Chennai apart from the flats for sale in Kovilambakkam. All the apartments for sale in Kovilambakkam come with the basic amenities which are provided and it is an ideal home in the vicinity. They make sure that customer satisfaction is the number one, and the after-sales process is handled very perfectly by the team to make sure that we have the home built as per your choice and satisfaction. From signing the agreements till the date of handing over the flat/apartment to the customer, DRA homes provides you with the best service possible. DRA homes gives you a first-look as to how your new home/flat or apartment would be. They provide the most satisfying services, and make you and your home feel nice. DRA Homes is the best-in-class apartments near Kovilambakkam, and it would be the best choice for a lifetime.
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drahomeschennai · 5 years ago
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Apartments near Pallikaranai made wholesome with your very presence
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Home, house, abode, call it whatever, nobody can deny that one is comfortable in their own skin here. It's pretty great how something as simple as that can mean a great deal as to how you act. Home food and all things comfy come along with the very existence of a home. Could anyone tell differently? At least not most of us. We come into your dream of a home with our building skills! Beautiful, pretty, amazing, spectacular are no more just adjectives but adjectives to describe your apartment if you are to choose to invest in us! The only time we interfere is when you really need us and not anytime else. You are what we need the most for there is no us without "u" and that stands true for our presence in the market. Let us confide in each other and make the greatest home there is for you! You name it, we have it. All what you need, we strive to cater. From the luxury to the comfort and from the beauty to the structure, all of it! Become whole with a home of your own. Express yourself completely, for you're better when yourself wholly. And where can you be that? A home, and DRA Homes is the best choice. You have our word and also existing customers'. Together we can convert a dream to reality and there will be a day when you start believing in magic for real.
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drahomeschennai · 5 years ago
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With love, DRA Homes
Material things can become a huge part of you overtime and it can perhaps make your day or you may even find love in them, materialistic love. A home is materialistic and enables you to make your days. Confiding within itself is a necessity. Without home, there is no resting, without home, we have no place to go back to after a tiring day. Absence of a home can make life difficult. Just any home can be possible but the real dream is to possess the best.
We at DRA help that very dream of yours become reality and we do it in a jiffy. We understand your needs and wants and make it possible for you within the the timeframe most flexible for you! We truly do our best and our delightmeter speaks volumes regarding the same.
2bhk apartments in Pallavaram:
Is your mind seeking for a an apartment in Pallavaram? Well, DRA Homes made it easier for you. We have 2bhk apartments in Pallavaram for sale and we already know that you'll love it! Come, take a look at them and fall in love with its very essence. Make every bit of it your very own in a bit!
3bhk apartments in Pallavaram:
We have what you're looking for, we have what your heart wants, we have it all. Take a look at our 3bhk apartments in Pallavaram and you'll know, just know its meant to be. Embrace your need for a bigger space and become the owner of the number 1.
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drahomeschennai · 5 years ago
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Pride Of Ownership
Own your space & share your happiness
Chennai is a hub for all people who come from all parts of the state. It makes a huge difference when you can own a flat after a long time and staying with the loving family, sharing the happiness in the metro city.
Location is an important factor to consider. We must make sure that we are in close vicinity of the nearest railway station, airport, hospital. This becomes easy when you are the proud owner of apartments built by DRA homes-Nanmangalam, Medavakkam, Pallikaranai.
PRESS THE HOT BUTTON
Make a bold move and be part of an elite segment
Imagine yourself as a resident of DRA homes located in Medavakkam & Pallikaranai. It is very easy for you to conveniently board the local train to travel for work and at the same time take your family on an outing to Marina Beach in the east end, all within a travel budget of RS 100 and that’s the benefit of residing near to these areas.
From your Prime location you will find yourself spoilt for choices with Omni bus spots, local train boarding and other facilities near to your residency. A half an hour trip to ECR followed by easy access to the airport to can save you time to during your business journey from your work location.
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We make you easy owning possible through DRA homes
Our apartments at Nanmangalam, Medavakkam & Pallikaranai has the best architecture that can be offered with an added benefit of unique amenities. We offer you a great sense of living in these prime locations.
Make your life comfortable and give your family a sense of happiness by purchasing apartments built by DRA homes.
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drahomeschennai · 6 years ago
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