Legal Corner is a leading accounting and tax consultancy service provider in Kolkata. With years of experience in the industry, Legal Corner has a team of highly qualified professionals with expertise in accounting and tax matters. They offer a range of services to businesses and individuals, including bookkeeping, financial statement preparation, tax planning, tax preparation, and representation before tax authorities.

Legal Corner’s team of professionals work closely with clients to understand their specific needs and provide tailored solutions to address their accounting and tax requirements. Their services are cost-effective, efficient, and transparent, ensuring that clients receive the best value for their money.

Legal Corner has a reputation for delivering quality services and has earned the trust and loyalty of its clients. They maintain high standards of professionalism and adhere to ethical practices, ensuring that clients receive reliable and accurate advice and services.

In addition to their accounting and tax consultancy services, Legal Corner also offers legal services, including company registration, trademark registration, and legal compliance services. Their holistic approach to business management makes them a one-stop solution for all accounting, tax, and legal requirements.

In conclusion, Legal Corner is the best accounting and tax consultancy service provider in Kolkata, offering reliable, efficient, and cost-effective solutions to businesses and individuals. With their experienced team of professionals and commitment to excellence, they are a trusted partner for managing finances and taxes.

Trademark is defined in the Trademark Act, 1999 as, “trademark means a mark capable of being represented graphically and which is capable of distinguishing the goods or services of one person from those of others and may include the shape of goods, their packaging and combination of colours.” To apply for a trademark a person must adhere to the provisions enlisted under Section 18 of the Act. The Section requires any persons applying for a trademark to apply in writing in the manner that is prescribed for the registration. The application has to contain the name of the mark, goods and services, the class under which goods and services fall, the period of the use of the mark and the personal details of the applicant such as name and address. The owner of a registered trademark has exclusive control over it. The owner can use the same trademark for all other products falling under the class(es) specified in the application. Furthermore, the proprietor has exclusive ownership of the trademark and can restrict others from using it in the class(es) in which it has registration.

As per DPIIT An entity shall be considered as a Startup:

1. Up to a period of ten years from the date of incorporation/ registration, if it is incorporated as a private limited company (as defined in the Companies Act, 2013) or registered as a partnership firm (registered under section 59 of the Partnership Act, 1932) or a limited liability partnership (under the Limited Liability Partnership Act, 2008) in India
2. Turnover of the entity for any of the financial years since incorporation/ registration has not exceeded one hundred crore rupees.

• Entity is working towards innovation, development or improvement of products or processes or services, or if it is a scalable business model with a high potential of employment generation or wealth creation. Provided that an entity formed by splitting up or reconstruction of an existing business shall not be considered a ‘Startup’.

Eligible companies as recognised Startups by DPIIT, get access to various benefits like tax benefits, easier compliance, Easy access to Funds, and Registering as a Startup in India is a very simple process, you just need to follow few steps to register your Startup and avail various benefits as provided by government

In India, before starting a food business one must obtain a food license or a registration from the Food Safety and Standard Authority of India (FSSAI). FSSAI Registration plays an important role in formulating the controlling procedures for maintaining the food quality levels in order to ensure safety and catering satisfaction to each customer. It implements measures to eliminate the toxic and hazardous elements present in the food, resulting in the assurance of food safety to the consumers.

ISO refers to International Organization for Standardisation It is an independent organisation that provides standards in terms of quality, safety, and efficiency of products and services provided by businesses. With the increasing competition among the business, ISO Certification is mandatory to form certain standards that ensure products and services’ quality, safety, and efficiency.

Read More..

A certificate-based digital signature is a type of e-signature that complies with the strictest legal regulations. Digital Certificate is issued by eMudhra Limited which is a Certifying Authority licensed by Controller of Certifying Authorities, under Government of India. eMudhra operates under the guidelines set by Information Technology Act. 

Annual compliance is required for all types of entities. It is mandatory for business owners to comply with Companies act, Income tax, GST & State Laws in addition to the ROC compliances. Some of the Annual Compliances for Companies are as follows

• Annual General Meeting to be conducted within
• Have to submit AOC-4 Within thirty days of holding the Annual General Meeting or AGM
• Have to submit Annual Return Within sixty days of the Annual General Meeting (AGM)

An income tax is a tax imposed on individuals or entities (taxpayers) in respect of the income or profits earned by them (commonly called taxable income to file your income tax return (ITR), you have to register yourself on the Income Tax Department’s e-filing website.

Goods and Services Tax (GST) is an indirect tax (or consumption tax) used in India on the supply of goods and services. It is a comprehensive, multistage, destination-based tax: comprehensive because it has subsumed almost all the indirect taxes except a few state taxes. Goods and services are divided into five different tax slabs for collection of tax: 0%, 5%, 12%, 18% and 28%. However, petroleum products, alcoholic drinks, and electricity are not taxed under GST. The individual gets the legal right to collect tax from his customers and carry forward the credit of the paid taxes to his customers or suppliers.

Tax Deducted at Source or TDS is a type of advance tax which is deducted from the earnings of an individual or an organization before the money is actually credited into that entity’s account, according to the Income Tax Act 1961.

It is a tax levied by the some of the state governments in India on the income earned by employees on rendering their specific services engaged in a profession or trade. subject to income exceeding the monetary threshold if any. Professional tax being levied by the State Government, is different in different states. Every state has its own laws and regulations to govern professional tax of that state. However, all the states do follow a slab system based on the income to levy professional tax.

Read More..

12A and 80G are the two registrations granted by Income Tax Department to NGOs to allow them in Tax Exemption and permitting Deduction on Donations by the donors. A 12A and 80G registered NGO is more acceptable to receive prosperous funding and various tax reliefs. NGO (Non-Government Organization) is established solely to serve non-profit humanitarian purpose in the form of Charitable Trust/Society/Section 8 Company and once such entity is formally registered it is approved of a bunch of tax exemptions, benefits, reliefs as well as provision of tax deductions for the donors. For that, 12A and 80G registrations are mandatory, otherwise, ANY income an NGO earns, like, service/production/donation, will be taken as normal taxable income without considering the purpose of such income. NGOs with 12A and 80G Certificates gets an upgraded commercial value than its counterparts without such certificates: Only 12A and 80G registered NGOs are permitted to accept international funding with exemptions available under Foreign Regulation Act, 2010 or FCRA.