What cannot be Patented in India? And process on “How to apply for a Patent in India?”
Overview The patent in general terms can have multiple meanings. A patent is an instrument or a tool that exclusively gives the rights to the owner regarding its utility. When we see the legal definition, a Patent is a form of preservation of Intellectual Property (IP) which is an exclusive right granted solely for an […]
GST for Job Work and Outsourced Manufacturing Services
Job work services are required by almost every major industry whether it’s textile or any other industry. Further, there has been an increasing trend of outsourcing the manufacturing as well as other verticals of the business so that the business is able to concentrate on its core competencies. However, when we talk about their GST […]
Repercussions of Non-Filing of Income Tax Returns in India
Overview The Income tax return is a kind of report which helps taxpayers to disclose their income and assets to the Income Tax Department. It comprises personal and financial data related to the taxpayers. The taxpayer can be of the following types: Since the scope of the Income Tax Act,1961 is widespread and covers a […]
RENT AGREEMENT FOR GST REGISTRATION IN INDIA
Are you aware that when the principal place of business is marked as ‘rented,’ a rent agreement is necessary when completing a GST application? Fret not. That’s precisely what we are here to help you with. So provide your rental agreement and manage your business with increased ease. Let’s begin by showing what this Rent […]
How to Check Pvt Ltd Company Registration Status online
MCA portal is a one-stop portal for all the company functions. Whether it’s about application for company incorporation, checking the name availability, checking company documents, dissolution of the company or checking the company registration status, each and every function of the company can be performed from the MCA portal itself. Many a time, people want […]
A Complete Guide For Removal Or Resignation Of Partner From An LLP In India
In a Limited Liability Partnership (LLP), partners are responsible for all critical decisions and carrying out the LLP business. For an LLP to reach its growth target, it is essential to bring in new partners with relevant knowledge and expertise from time to time. Other than that, a partner in an LLP may prefer to […]
KEY ELEMENTS AND SIGNIFICANCE OF VENDOR AGREEMENT IN LLP
As a Limited Liability Partnership (LLP), you may have to find and deal with vendors for varied business purposes. Finding the right vendor can be daunting, but signing the Vendor Agreement is essential once you find the right one. A vendor agreement is legally binding between the business and the vendor. What Is a Vendor […]
New LLP Registration Procedure
Starting a new business comes with a long to-do list. In that list, choosing the right business structure is critical to their entrepreneurial journey. For many Indian entrepreneurs, an Limited Liability Partnership (LLP) has become a preferred form of business structure among entrepreneurs because it incorporates the benefits of both a partnership firm and a […]
DIFFERENT TYPES OF PRIVATE LIMITED COMPANIES IN INDIA
Introduction: If you are a person or group of persons starting a new business and getting it incorporated as a Private Limited Company and you want to know different perspectives of this type of company, then you are at the right place. When someone starts a new business, it’s important to register that business. There […]
Income Tax return for Businesses owners
Overview Income tax return filing for businessmen and professionals is of much relevance. We know that certain documents that are related to loan sanctioning involve Income tax returns, and various certificates are issued to business owners on the basis of the proof of their income in ITR. Filing returns on time has many advantages regardless […]