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Power of attorney holder can run business ?

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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)

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.

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