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Return filing

This query is : Resolved 

05 June 2012 is it correct to file return of firm by name of proprietor.

05 June 2012 If the business is a sole proprietorship business, income from such business shall be included in the total income of the individual because a sole proprietorship business does not a separate identity from the individual.

The income shall be the income of the individual (owner) and shall be shown in his individual return.


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