Tax
This query is : Resolved
08 July 2011
Q-1 Is it possile for an individual to became proprietor in two different firm at the same time? If yes, then please tell me about the ceiling? if no, then why?
Q-2 I want to see my tax credit(26As). Is new registration on incometaxindiaefiling.gov.in site is free or on paid basis?
Q-2 I want to see my tax credit(26As). Is new registration on incometaxindiaefiling.gov.in site is free or on paid basis?
U S Sharma
(Expert)
08 July 2011
1) yes, he can be prop of more than one firm, gross amount added with all such firms would be taxable.
2. incometaxindia.gov in is free site
2. incometaxindia.gov in is free site
Message likes :
1 times
CA. Krishna K Neeraj
(Expert)
08 July 2011
1) Yes a person can be proprietor in more than one firm however for the purpose of tax audit receipts from all the firms will be clubbed together.
2) it is free site
2) it is free site
08 July 2011
Yest I agree with Mr. Krishana.
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