top button
Flag Notify
    Connect to us
      Facebook Login
      Site Registration Why to Join

Facebook Login
Site Registration
Print Preview

What is the tax liability of a Private Limited startup company for software or hardware or both?

+2 votes
59 views

Question based on change in company registration and tax liability in 2012-13.

posted Apr 1, 2015 by anonymous

Share this question
Facebook Share Button Twitter Share Button Google+ Share Button LinkedIn Share Button Multiple Social Share Button

1 Answer

0 votes

Company Law does not differentiate hardware or software however state government can relax state taxes (VAT/Sales Tax) based on policies for a specific sector.

Following images compares the LLP and Pvt Limited Tax structure after the 2013 -

Tax 1

Tax 2

Please let me know if you have more specific query.

answer Apr 1, 2015 by Salil Agrawal
Similar Questions
+1 vote

On ministry of company affairs website http://www.mca.gov.in/MinistryV2/RegisterNewComp.html
Steps To Register A New Company are following -
1 Do you want to start an Indian Company?
2 Do you want to register a Part I Company?
3 Do you want to register a Section 8 Company?
4 Do you want to start a Foreign Company?

For my IoT hardware, software product and services plus manufacturing in china, I want to know, which type of Indian company I should register?

+2 votes

Do I need to register for VAT or ST or any other Tax when I register a Pvt Ltd company in Bangalore or India?
or
Do I need to register for whenever there is net income 1 crore or more?
or
I don't need to register for any tax, but just pay whenever there is 1 crore net income tax limit.

Contact Us
+91 9880187415
sales@queryhome.net
support@queryhome.net
#280, 3rd floor, 5th Main
6th Sector, HSR Layout
Bangalore-560102
Karnataka INDIA.
QUERY HOME
...