QSC Consultants Pvt Ltd
                                                                                           
Taxation Services

Our export Taxation Services has been designed to electronically process you every need of yours. Our services comprises of Taxation Services, Income Tax Services and Corporate Tax Services ensuring full satisfaction to our dear customers. Our unique Taxation Services will definitely works best for you thats our promise.

Tax Registration

  • Permanent Account Number (PAN)] from the Revenue Department. In addition to this, businesses liable to withhold tax must necessarily obtain a Tax Deduction Account Number (TAN). Both the PAN and the TAN must be indicated on all the returns, documents and correspondence filed with the Revenue Department. The PAN is also required to be stated in various other documents such as the documents pertaining to sale or purchase of any immovable property (exceeding Rs. five lakh), sale or purchase of a motor vehicle, time deposit (exceeding Rs. 5 lakh), contract for sale or purchase of securities (exceeding Rs. 10 lakh),

Enclosures

The declaration must be submitted with the following annexures

  • Document evidencing payment of fee
  • Memorandum and Articles of Association
  • Copy of agreement if any, which the proposed company wishes to enter into with any individual for appointment as its managing or whole-time director or manager
  • Form 18
  • Form 32 (except for section 25 company)
  • Form 29 (only in case of public companies)
  • Power of Attorney from subscribers
  • Letter from Registrar of Companies making names available
  • No objection letters from directors/promoters
  • Requisite fees either in cash or demand draft

Fees

  • Fee payable depends on the nominal capital of the company to be registered and may be paid in one of the following modes. Cash/postal order (upto Rs.501-), demand draft favouring Registrar of Companies/Treasury Challan should be payable into specified branches.

Documents Required To Be Submitted

  • Articles of Association of the proposed company filed along with the declaration duly stamped with the requisite value of adhesive stamps.
  • Under column 'Total number of equity shares' write the total of the shares taken by the subscribers e.g., 20 (Twenty) only. Mention date e.g. 5th day of August, 1996. Place-e.g. , Ahmedabad.
  • With the stamped copy, one spare copy each of the Memorandum and Articles of Association of the proposed company
  • Original copy of the letter of the Registrar of Companies intimating the availability of name.
  • Form No. 18 - Situation of registered office of the proposed company.
  • Form No. 29-Consent to act as a director etc. Dates on the consent Form and the undertaking letters should be the same as is mentioned in the Memorandum of Association signed by the director himself. A private file Form No. 29.
  • Form No. 32 (in duplicate). Particulars of proposed, directors, manager or secretary.
  • Power of attorney duly typed on a non-judicial stamp paper of the requisite value. The stamp paper should be purchased in the name of the persons signing the authority.
  • No objection letter from the persons whose name has been given in application for availability of name in Form No. 1-A as promoters/directors but are not interested at a later stage should be obtained filed with the Registrar at the time of submitting documents, for registration
  • The agreements, if any, which the company proposes to enter with any individual for, appointment as managing or whole-time director or manager are also to be filed.

Fee Payable

  • Cash or a bank draft/ pay order treasury challan should be drawn in the name of the Registrar of Companies of the State in which the Company is proposed to be registered as per Schedule X.

Reporting Requirements

Annual Return

  • Every company having a share capital is required to file an annual return with the ROC within 60 days from the date on which the AGM of the company was held or where the AGM is not held, then within 60 days of the last date on which the AGM was required to be held

Penalty

  • Imprisonment up to two years and fine
  • Person liable for default
  • Person signing the declaration