Huf can be a proprietor?
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
05 May 2016
Dear all
We want to start a proprietorship firm in the name of Pickherbal. My query is whether the proprietorship can be start with HUF as a proprietor? if Yes, then PAN Card has to be in the name of HUF? and Bank account is to be open in the name of Proprietor i.e. HUF or in the name of Pickherbal?
Thanks
We want to start a proprietorship firm in the name of Pickherbal. My query is whether the proprietorship can be start with HUF as a proprietor? if Yes, then PAN Card has to be in the name of HUF? and Bank account is to be open in the name of Proprietor i.e. HUF or in the name of Pickherbal?
Thanks
17 May 2016
Assuming it as Trading Business
1) Yes HUF can be proprietor
2) PAN card must be in name of HUF
3) You can open saving account in name of HUF and current account in name of Pickherbal
1) Yes HUF can be proprietor
2) PAN card must be in name of HUF
3) You can open saving account in name of HUF and current account in name of Pickherbal
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- About TDS & Income Tax
- Scrutiny and reopening of past returns
- Pass word to open justification report for Q1 for FY 2026-27
- Section 194JA & JB Income which ITR Form to use
- PPF interest-As Exempt Income disclosure
- F & O PROFIT REPORTING FOR AY 2026-27
- Type of Capital Gain
- Booth for sales promotion
- Difference in GSTR3B system generated which is correct and actual Payment it asks
- GST ON TRAVELLING BILLS
- TDS on Rent received on redevelopment of building
- Tax on Deemed Capital Gain
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- Upload Level ValidationITR3Category of Defect B/D
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
- Taxation in the hands of Landowner under JDA
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
