Costs incurred while company is being incorporated

Hi, My company is in the process of being incorporated and will take another two months. However, to start off product development, we need to pay the software developer now over the next two months before the company is incorporated. How do I account for this and how do I pay the service tax?
Asked 1 year ago in Service Tax from Bangalore, Karnataka
until incorporation you can make payments on behalf of proposed company. Why it should take 2 months to incorporate, it should take only 15 days. Further there cannot be any payment of service tax without incorporation
only on incorporation you can obtain service tax registration.and then pay service tax.
Vijay N. Kale
CA, Hyderabad
248 Answers
4.9 on 5.0
  Talk to Vijay N. Kale

Ask a Question

Get tax advice from top-rated chartered accountants. It's quick, easy, and anonymous!
Ask a question

Other Questions

Chartered Accountants

Rohit R Sharma
CA, Mumbai
886 Answers
5.0 on 5.0
Abhishek Dugar
CA, Mumbai
893 Answers
5.0 on 5.0
Vishrut Rajesh Shah
CA, Ahmedabad
329 Answers
4.8 on 5.0
Pradeep Bhat
CA, Bengaluru
108 Answers
5.0 on 5.0
Vishakha Agarwal
CA, Bangalore
263 Answers
5.0 on 5.0
Lalit Bansal
CA, New Delhi
117 Answers
5.0 on 5.0
Shiv Kumar Agarwal
CA, Delhi
197 Answers
5.0 on 5.0
Vidya Jain
CA, Kolkata
48 Answers
3.2 on 5.0
Ria Nagpal
CA, Ahmedabad
42 Answers
5.0 on 5.0
Mohit Agarwal
CA, Agra
6 Answers
5.0 on 5.0