PAN Card

Permanent account number also known as a PAN card. It is a Nationalized identity card. Without a PAN, you will not be able to make any financial transactions. The Income Tax Department of India assigns this 10-digit alphanumeric and unique account number to the taxpayer, company or HUF.

How To Get An FSSAI License Online

There are 3 kinds of FSSAI Licenses – Basic, Central, and State. Every food business must register for an FSSAI License under the Food Safety and Standards Act, 2006. Lawwale helps you register for an FSSAI License in 3 simple ways –

Documents Verification

We collect and verify the documents like Form B, list of partners, processing unit plan, food category list, NOC
Step 1

Filing Application

We file the FSSAI application on your behalf
Step 2

Procurement of the License

You procure the FSSAI License and enjoy legal benefits, goodwill and create consumer awareness.
Step 3

Benefits of having a PAN card

  • Purchase and sale of property:

    It is accepted in formalities involved during buying or selling immovable assets.

  • To claim income tax refund:

    Many times, a taxpayer needs to pay more than the actual tax amount. To get the refund, the individual needs to link his/her PAN card to the bank account.

  • For Startups:

    In order to start a business or a company, it is mandatory to have a PAN card in the name of the organization.

  • For Banker’s cheque and Pay order:

    If an individual is transacting more than Rs. 50,000 then he/she will need the PAN card to complete the transaction.

  • Restaurant and hotel bills:

    If your hotel or restaurant bill exceeds Rs. 50,000 then for paying the bill you will need a PAN card.

  • To open a demat account:

    An individual should possess a PAN card to open a demat account, which is used to hold shares in the dematerialized form.

  • For taxation:

    A PAN card helps the Income Tax Department to assess an individual or entity’s monetary transactions. The PAN card has the name, photograph and other related information that even make it a valid identity proof.

  • Low misuse chances:

    The possibility of PAN card misuse is minimal. Notably, a PAN card will not change even if it is lost or stolen.

  • Easy accessibility:

    A minor can also avail a PAN card by providing his/her guardian’s PAN details.

TAN Registration

TAN number is a 10-digit alphanumeric number abbreviation used to deduct tax and collect account numbers. Every Assessee is responsible to deduct TDS and it is mandatory for them to apply for TAN and quote this number in all TDS returns, TDS payments and any other communication related to TDS with the Income Tax Department.

Failure to do so will result in a  fine of up to Rs 10,000 can be imposed. If TAN is not quoted, TDS return and payments will not be accepted from banks. LAWWALE can help you get your TAN registration online quickly.

To get a TAN, the application form at any authorized TAN Facilitation Center must be in Form 49B.

Business Commencement(INC-20A)

Companies (Amendment) Ordinance introduced Form INC-20A, which makes it mandatory for all companies registered in India after the commencement of Companies (Amendment) Ordinance, 2018 to obtain a business commencement certificate before starting any business with share capital or using any borrowing powers. Thus after 02.11.2018, any incorporated company after this date is obliged to obtain a business Commencement certificate.

Directors must file this within 180 days from the date of incorporation. Upon receipt of the certificate of incorporation of the company, the directors will file a declaration certificate to start the business. Our experts will assist you in filing FORM INC-20A.

Documents required

  1. Proof of payment of subscribed capital (Bank statement/ NEFT / IMPS receipts)
  2.  Registration Certificate (Certificate of registration by RBI/ other regulators (applicable to NBFC)

Auditor Appointment (ADT-1)

Form ADT-1

Form ADT- 1 is used by a company to intimate the registrar of companies about the appointment of an auditor after the completion of its annual general meeting (AGM).

Sec 139 (1) of the new Companies Act 2013 mandates this and this form has to be filed every year after the AGM in which the auditor was appointed.

When should you file Form ADT-1?

Form ADT-1 must be filed with the registrar of companies within 15 days from the date of appointment of the Auditor. Example, if the company’s AGM was held on 30 September 2018, then Form ADT 1 has to be filed by 15 October 2018.

What are the documents to be filed along with Form ADT-1?

The list of documents to be attached along with Form ADT-1 are:

    1. Company’s Board resolution copy

    2. A written consent from the Auditor  

    3. A certificate from the Auditor that he/she not disqualified to be appointed as an Auditor

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