Proprietor in more than 1 firm
porush (-) (24 Points)
17 July 2015
U S Sharma
(glidor@gmail.com)
(21056 Points)
Replied 17 July 2015
There is no such bar to open more than one business in proprietorship name, however total benefits of all such units will get clubbed in singal PAN data, and assessment would be done accordingly with gross, so if a single person wishes to make multiple units, he has to stick to one unit , making amandments in his RC, so that at single place he would get assessed, in place of multiple.