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propritership of more than one registered firm by a individu

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(Querist)
19 June 2010 plz. tell me ,can a individual become the propriter of more than one registered firm.
if yes, how all firm P&L adjust in audit report & ITR4 ?
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CA Ashok Kumar Sahu

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CA Ashok Kumar Sahu (Expert)
19 June 2010 YES, HE CAN.

MAKE P&L A/C OF INDIVIDUALLY FIRM WISE, AND COMBINED P&L & BALANCE SHEET FOR AUDIT REPORT.

FILED ITR 4 AS PER COMBINED P&L & BALANCE SHEET.
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CA Sanat Pyne

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CA Sanat Pyne (Expert)
19 June 2010 AGREE WITH EXPERT




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