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It is mandatory to file ITR for individuals If the total Gross Income is over Rs.3,00,000 in a financial year (Including standard deduction). This limit exceeds Rs.3,00,000 for senior citizens and Rs.5,00,000 for super senior citizens. The entities listed below must pay taxes and file their income tax returns.
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When a sole proprietor conducts business under an assumed name, that name must be registered with the Utah Division of Corporations and Commercial Code using an ... You can file online or by mail. To file by mail: Complete the Business Name Registration / DBA Application form. Print the form, and mail it to ... 1. Choose a Business Name. In Utah, a sole proprietor can use their own legal name or a trade name?also sometimes known as an "assumed business name" or "doing ... When it comes to being a sole proprietor in the state of Utah, there is no formal setup process. There are also no fees involved with forming or maintaining ... Report income or loss from a business you operated or a profession you practiced as a sole proprietor. Also, use Schedule C to report wages and ... At Anderson I Hinkins, our business lawyer will help you identify the best business entity for your business and then move forward with formation, planning, and ... Review common business structures. Sole proprietorship. A sole proprietorship is easy to form and gives you complete control of your business. Here's information on typical final forms and schedules that a sole proprietor needs to file when ceasing operations. Income tax returns. Sole proprietors must ... A registered agent receives official papers and legal documents on behalf of your company. The registered agent must be located in the state ... Many small business owners favor two popular business structures for flexibility and simplicity?limited liability companies (LLCs) and sole proprietorships.
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