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No. of proprietorship firm

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Querist : Anonymous

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Querist : Anonymous (Querist)
14 April 2016 Hi Experts,
A person how many proprietorship firm can Ran is there any ceiling limit,

Regard
Mayank Goyal
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CA Mehta Ankur N.

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CA Mehta Ankur N. (Expert)
14 April 2016 No limit, you can do any no of entity in proprietorship basis.
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Murtaza I Bhagat

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Murtaza I Bhagat (Expert)
14 April 2016 Yes. No limit in income tax but you need to merge all the business data while calculating income tax and in VAT-TIN proprietor can create many under one TIN.
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