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Closing of business

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(Querist)
12 June 2018 Dear sir may client has open firm manan gems proprietor pan card name but after 1 year he discontinued firm. Whether he can closed first firm bank account.whether it is correct. After he open new saving account whether he can continue the same pan card name his normal business same pan card name. He can done or not
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RAJA P M

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RAJA P M (Expert)
13 June 2018 Yes... He can use his SB account based on SB account's limit as per bank. But, Required more details.
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