Dear Members,
I would like to start a sole proprietorship business in that payment recieved only once in a week(Less number of financial transactions).Is it mandatory to open a current account or is it possible to use personal account(Savings Bank Account).
Thanks In Advance
IF NOT gst THEN SB ACCOUNT
My Business involves with GSTIN
Is there any legal/regulatory issuses by using savings account instead of a current account?
Thanks for the Reply
Thank you so much :)
Saini Pati Shah & Co LLP, Chartered Accountants
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