Power of attorney can run proprietor

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Dear Sirs,

Please guide us for :   Date of Birth  of Mr. X  is 15-08-1998 and after 18 year crossed on 15-08-2016,  he has applied PANcard  and after receipt of pancard he   has started Man power supply agency under proprietorship firm from 01-12-2016 onwords.

Now Mr. X has got Canada country visa and Mr. X want to go there for 5 years. In that case, Can Mr. X give Power of Attorney to father Mr. Y for running his properietorship firm   ?

If yes, Can Mr. Y act for timely comply of all Government department returns, like Income Tax annual return, TDS uearterly return, Service Tax 6 monthly return, GST, PF, ESIC, Professional Tax, and Labour office license renewal as power of attorney of holder of his Son Mr. X ?

Thank you.

K P P

 

Replies (7)
Yes it is possible.. Almost each and every act has provisions regarding compliances to be done other than the proprietor by way of giving power of attorney.
yes it can be done

but think of opening a new firm with your father as proprietor for better tax planning

Dear Sir,

 

Thank you verymuch for your reply.

 

Thanks once again.

 

K P

 

Dear Sir,

 

Thank you very much for your reply.

 

Thanks once again.

 

K P

Dear Sir,

 

Thank you very much for your reply.

 

Thanks once again.

 

K P

Dear Sir,

 

Thank you very much for your reply.

 

Thanks once again.

 

K P

Dear Sir,

 

Thank you very much for your reply.

 

Thanks once again.

 

K P


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