Seperate pan card needed for sole proprietorship
This query is : Resolved
Ankur Verma
(Querist)
24 February 2017
Is there any need of seperate pan card for single owner business . Can you please tell me in detail.
And how can I open an current account for my business.
And how can I open an current account for my business.
KAVIRAJA ADDANGADI
(Expert)
24 February 2017
There is no separate PAN Card applicable for proprietor business, There will be no Separate Entity, Individual PAN Card to be Given for opening current account. If Trade name Required for Business, than required Proprietary registration Required such as VAT, Service Tax, PT, Shops and establishment, SSI any one Registration required to open current Account In Trade name.
Ankur Verma
(Querist)
25 February 2017
Sir but for vat or service tax registration pan is necessary.
KAVIRAJA ADDANGADI
(Expert)
25 February 2017
You can give Individual PAN For VAT and service Tax registration.
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