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(Querist)
12 November 2013 can one person become proprietor in two business entity
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Nikhil Kaushik

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Nikhil Kaushik (Expert)
13 November 2013 yes you can have two proprietorship firms doing different business. However, for income tax purposes, the turnover and profit for both shall be clubbed together.
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CA Pallav Singhania

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CA Pallav Singhania (Expert)
13 November 2013 Yes, he can do so....
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