proprietorship return

142 views 3 replies
in properitorship return which bank account to report in ITR....
current account or savings account

thank you in advance
Replies (3)

All the accounts (current or savings or CC etc.) of the proprietor...... be it in individual name (first holder) or in firm's name....

First one should be the one in which refund (if any) is required to be deposited

Agree with Dhirajlal sir........
Yes... The Assessee (proprietor) will be shown his all Bank Account in ITR. The 1st account number will prepare any refund deposit by ITD


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