Proprietor ship
This query is : Resolved
ATAL BIHARI PANDEY
(Querist)
07 May 2018
Can Proprietor ship concerns carried on more than one business in one Pan No.
CA PARAS BAFNA
(Expert)
07 May 2018
Yes, because the PAN belongs to the Individual and not to any particular business.
08 May 2018
Yes a proprietor can carry on more than one business holding a PAN. He has to disclose incomes from all businesses while filing returns.
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