REGARDING PENSIONAR

RESPECTED ALL MEMBERS
ONE PERSON GOV.PENSIONAR AND ANUALLY PENSION 325000.
NOW PERSON CAN START BUSSINESS SO THIS BUSINESS INCOME ALLOWED OR NOT
AND WHICH ITR FORM FILED.
Replies (2)
Quick Summary
This discussion clarifies whether a pensioner receiving an annual pension of £325,000 can start a business with those funds. It confirms that starting a business and earning income is absolutely permissible. The advice also specifies that the appropriate Income Tax Return (ITR) forms to file would likely be ITR 3 or ITR 4 Sugam.

You can very well start business with that money and earn business income. Absolutely allowed.
ITR form you may have to file ITR 3 or ITR 4 Sugam.
Thank u very much pravin sir

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