Power of attorney holder can run business ?

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

27 May 2017 Dear Sirs, Please guide us for : Date of Birth of Mr. X is 15-08-1998 and after 18 year crossed on 15-08-2016, he has applied PANcard and after receipt of pancard he has started Man power supply agency under proprietorship firm from 01-12-2016 on words. Now Mr. X has got Canada country visa and Mr. X want to go there for 5 years. In that case, Can Mr. X give Power of Attorney to father Mr. Y for running his proprietorship firm ? If yes, Can Mr. Y act for timely comply of all Government department returns, like Income Tax annual return, TDS quarterly return, Service Tax 6 monthly return, GST, PF, ESIC, Professional Tax, and Labour office license renewal as power of attorney of holder of his Son Mr. X ? Thank you. K P P

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
Follow

27 May 2017 Yes his father can do all business activities and all statutory compliance under power of Attorney. Income tax return get the son signed in ITR V acknowledgement by sending it through post.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now