You have to inform the concerned CTO in writing along with Original TIN Certificate that you have closed the business. B'fore that you should ensure no monthly returns pending & also the Vat dues. The CTO will verify that you have closed the business also and your TIN registration will be cancelled. You may log into the CTO website of your concerned state & you fill find your business as closed.You may take a printout & keep it as a record/roof of business as closed. more
Where are you located and where were you doing your business? This information is important before giving any reply as the procedure of VAT is different in different States. more
The present demonitisation drive expects people to go cashless in future. The country is flooded with Aadhar number, Smart phones, Wallets, Apps and POS to enable reaching to a cash less economics ...
As you are aware 10 countries are already operating on almost 100% ‘Cashless Transaction’ and the following simple scheme is the first step towards ‘Cashless Transaction’ in...
Hello All Tax Experts, Can you share your view on claiming the tax exemption on the interest component of a topup-loan (taken along with home loan) in purpose of income tax filing for an...
GST is supposed to be a key tax reform. The Subramanian Panel has suggested that a GST rate of 18 % is revenue-neutral. Tax on Goods will come down substantially from 27% now, but that on Services ...
Dear Tax Payer, The following online services are available at the e-filing website of the Income Tax Department for returns filed electronically (Logon to
Hi Team, if I'm importing the raw materials from Europe for the projects with the final delivery to domestic Indian market/customers, will I get exemptions on Import/Custom duties? If yes, how...
A retired person generally deposits his whole saving in to fixed deposits / likes for getting monthly interest which will be used as his monthly income. Please note that all the retired people are...
Dear Friends. Thank you very much for accepting the invitation and joining this circle. This circle has been created to bring all the Chartered Accountants in India who belie...
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