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what is private limited company

rivate Limited Company are registered form of business and it’s popular and in trend now. To start the Private limited company there are Minimum of 2 members and Directors are required. The members can invest in capital from a minimum of Rs. 1 per person and has no limit on the maximum capital which can be Contributed by the members of the Company. The day to day activities are taken care by the Directors of the Company and the major decision are to be taken by the Members or Shareholders of the Company. Starting a private limited companies have various advantages and if you are looking to start a new business venture or to expand the existing business then registration of Private limited Company by Companybanalo.com should be the best option. The start-upIndiainitiative also recommend the Company from of structure and have added tax advantage compared to Partnership Companies. It is easy to fetch investments in share of a Private limited company then compare dto any other unregistered organisations. The shares in the company help investors to get in the company easily and also quit at their convenience.

Benefits of Private Limited Company

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Company Registration Works

procedure

Know more about how Private Limited
Company Registration Works

1Collection of required documents

2Preparation and verification of TAN

3Application with concerned authority

4Acknowledgment receipt

5Processing of application by IT department

documents required

Know more about how Private Limited
Company Registration Works

Aadhar Card

Applicants Information

Certificate of Incorporation

Agreement

PAN

Application form

faq

Know more about how Private Limited
Company Registration Works

Once applied generally, it takes 7-10 working days for TAN allotment by NSDL. However, receipt of a physical TAN letter may take time depending upon the processing time by the department. Once the application for TAN number is made, it is always possible to know your TAN status.

No, a PAN cannot be used instead of TAN. PAN and TAN serve two different purposes. Therefore, it is mandatory for those deducting tax at source to obtain a TAN.
Tax Deducted at Source (TDS) must be deposited through banks using Challan 281, quoting the TAN number of the entity. The deadline for payment of TDS is the 7th day of every month.
TDS Return should be filed quarterly on the 31st day of July, October, January and May. The TDS return filed on these months will correspond to the transaction of the preceding three months

why companybanalo.com

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Company Registration Works

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Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been
the industry's standard dummy.