Starting a Proprietary Recruitment Firm: What Tax and Registration Steps Should I Take?

I have a recruitment consultancy firm. It's a proprietary firm. Last year, I started it. The turnover of the firm is below 10 lakhs.

Filing Income Tax Return

I want to know what is needed to file the Income Tax return.

PAN Card Requirement

I want to know whether I have to take a separate PAN card in the name of the firm or if I can use my personal PAN card.

Service Tax Registration

Do I need to obtain a service tax registration number?

TDS Returns

Do I have to file TDS returns?

Regards

Filing an Income Tax Return for a Proprietary Firm

1. I want to know how to file an income tax return and what is required.
Ans: PAN

2. I want to know whether I have to obtain a separate PAN card in the name of the firm or if I can use my personal PAN card.
Ans: No, a separate PAN card is not required. An individual (proprietor) is considered the company in a proprietorship firm. Therefore, your personal PAN will serve as the company's PAN.

3. Do I need to obtain a service tax registration number?
Ans: Yes, it is required.

4. Do I need to file TDS returns?
Ans: Yes, you will have to.

Regards,
Deeps