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Difference beetween self employed and proprietorship

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(Querist)
07 January 2010 What is the difference between a self employed person or proprietorship concern from the Income Tax view point? In other words is there any income tax benefit enjoyed by a proprietorship business rather than an individual?
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CA. Varun Goel

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CA. Varun Goel (Expert)
07 January 2010 As per my opinion both are the same. No separate tax benefit is available to a proprietor concern
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Satpal Singh

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Satpal Singh (Expert)
07 January 2010 Agree with CA varun Goel




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