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Proprietorship is one of the most common ways of running a business in India. While registering a proprietorship, the proprietors also save themselves from huge statutory compliances which are required be o comply with another form of entity registrations like a company or LLP. The sole proprietor signs all the contracts and agreements in its own name. The ownership and decision making is in the name of a single person. One can register its proprietorship by getting GST registrations and MSME registration. The documents required to register a proprietorship are as under:  1. PAN Card 2. Aadhar Card 3. Address Proof  4. Passport Size Photographs There are various reasons why people in Delhi like to register a proprietorship We at Taxcellent help you in registering proprietorship in Delhi within 7-10 days. 

Any long-term capital gain, arising to any assessee from the transfer of any Capital Assetswhether it is a buildings or land or both on or after April 1, 2000 shall be exempt to the extent such capital gain is invested within 6 months from the date of transfer of such above said capital assets,in long term specified assets such as bonds. However, these bonds cannot be sold within 5 years from the date of its acquisition. The investment in long-term specified assets cannot exceed INR 50 Lacs during any relevant financial year. Therefore, Capital gain arising on transfer of any capital asset will be exempt u/s 54EC under the following situations: The Asset transferred is long-term capital asset whether it is land or a building or both. The gain will be long term capital gain. The asset must be transferred on or after April 01, 2000. The assessee has invested the long-term capital gains in the specified assets within a period of 6 months from the date of such transfer of capital asset. Th...