Easy Office
LCI Learning

Current Account

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
21 June 2011 Is there any compulsion for opening an current a/c for opening small business (sale-300000/- p.a).
Profile Image

K.Govindarajanpro badge

Profile Image

K.Govindarajanpro badge (Expert)
21 June 2011 IF the sale amount is small as mentioned by you ( Rs.300K p.a ) and if it is propeitry business then it can be managed with SB account .
Profile Image

CA KRISHNA KUMAR DARUKA

Profile Image

CA KRISHNA KUMAR DARUKA (Expert)
21 June 2011 Many banks donot open savings a/c in the name of business concern. The policy varies from bank to bank.
Upgrade to CAclubindia Pro. Subscribe Now!


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries



Live Budget News and Updates

Trending Online Classes

view all classess
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
Click here for more bestsellers


Answer Query



Quick Links