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Bank account

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(Querist)
29 June 2017 Sir i starting new businesd i m small trader my quis 1 i m unregistered dealer.kya muje bank account open karwana hoga. Kys bina rajistration ke bank account khul sakta h. Ya current sccount ke bina bhi apne saving avcount se outside ki party ko cheqe de sakta hoon. Individual income tax file main ye sab dikhana hoga ya firm ki alag file banege .
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Amol S Joglekar

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Amol S Joglekar (Expert)
29 June 2017 if you are running the business and expecting it to grow day by day...it is better you go for current account
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Amit Maloo

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Amit Maloo (Querist)
29 June 2017 Unregistered Trader can open?
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Amol S Joglekar

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Amol S Joglekar (Expert)
29 June 2017 yes, why not.....you are required to get registered under Shops & Establishment of respective State. The certificate from the said authority can be shown to banker to open the account
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