GST and Power of Attorney

This query is : Resolved

Mahabir Prasad Agarwal (Querist)
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22 June 2024 One of my client is doing trading business in Arunachal Pradesh. The shop-license is in the name of local tribal and on the basis of a Power of Attorney, my client has started business, taken GST registration in his own name, opened bank a/c in the name of firm (with signature of my client on the basis of Power of Attorney). Whether income of said firm can be shown in my client's file ?

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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22 June 2024 Income of firm cannot transferred to PoA 's account. But bank account should have been opened in individuals name.

Mahabir Prasad Agarwal

Mahabir Prasad Agarwal (Querist)
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22 June 2024 Sir, I meant to say Proprietorship firm, not partnership .

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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22 June 2024 For proprietorship firm proprietor is the owner of the firm and not power of attorney. Clear the mess first.

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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30 August 2024 Good luck.

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