Non opening a current a/c
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
11 August 2012
What are the consequences of non opening a current A/c by a sole proprietor ?
wat is issue if any under IT act or under any other Act ?
wat is issue if any under IT act or under any other Act ?
11 August 2012
There is no issue. because there is no provision which say that a proprietor must open a current account.
a propriter can have same saving account with his business.
a propriter can have same saving account with his business.
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