To form a partnership, two or more people must meet, agree on a business name, and execute a partnership deed. And the firm is registered when it is satisfied with the fulfilment of Section 58 of the Partnership Act.
Registrations of Partnership firms under Indian Partnership Act, 1932 Section 58 & Rules 4(2) of I.P. Act 1932 (EODB Assam)
1. List Of Documents - Required Documents to avail the service (Upload scanned copies of the original documents):
Filled in Form- I and witnessed by either a Judicial Magistrate or Chartered Accountant.
Certified copy of Registered Deed of Partnership.
Office accommodation of the principal place of business - If the Firm claims that its office is situated on a land, owned by it, the Dag Number, Patta Number and Proof of its ownership of the land should be furnished.
Office accommodation of any other place of business - If the office is situated in a rented building an affidavit from the house owner with proof of his ownership (along with Aadhaar Card) should be furnished.
Trade License obtained from the Municipal Corporation/ Municipal Board/ Town Committee or Gaon Panchayat. In case of IMFL - business liquor license.
Aadhar card of the partners of the firm.
Pan card of the partners of the firm.
Voter Id of the partners of the firm.
If any partner is an assessee for Sales Tax or Income Tax as an individual or he is a partner of any existing firm, which is an assessee for Sales Tax/GST or Income Tax.
o The Registration number with the mention of the Unit of the Sales Tax Office/GST and the Permanent Account Number (PAN) or the General Index Register Number (GIR Number) in respect of the income should be stated.
o Photocopies of the up to-date Sales Tax clearance certificate and the Income Tax clearance Certificate should be enclosed.
2. Timeline:
10 (ten) working days from the date of submission of application, complete in all respects along with documents as per checklist.
3. Government Fees & Payments#:
Registration fee of RS.5/- (Rupees five) only is payable for the purpose through online or treasury Challan under Head of Account "1475 Other General Economic Services Fees under Indian Partnership Act, 1932".
#Note: This does not include Stamp duty and other legal/professional charges/fees payable
Given above is only a summary of the entire process. Feel free to consult us in case of any queries.
We hope the above blog was helpful in enhancing your knowledge on the matter. In case of any queries feel free to get in touch with our team of experts.
Quote of the day:
“Timing, perseverance, and 10 years of trying will eventually make you look like an overnight success. “
~Biz Stone
Regards
CA Hemant Bardia
+ 91 96323-32850
©2023 by caumang.com
Comments