Proprietorship

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

07 May 2018 Can Proprietorship carried on more than one business in one PAN...if yes ho we show income in one ITR .

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KAVIRAJA ADDANGADI

KAVIRAJA ADDANGADI (Expert)
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07 May 2018 Yes if you do multiple Business , you have to File one ITR consolidating all Business Income & including other four Heads if any (other source, Income from Capital Gain , Agricultural Income , Income from Salary)if any.

Querist : Anonymous

Querist : Anonymous (Querist)

07 May 2018 ok thanks................

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Querist : Anonymous

Querist : Anonymous (Querist)

07 May 2018 can we keep different trade name for different business? Does it is possible

KAVIRAJA ADDANGADI

KAVIRAJA ADDANGADI (Expert)
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07 May 2018 No you cannot do different trade name, same trade name you can do different business, you can not apply different trade name for government registration like GST

Querist : Anonymous

Querist : Anonymous (Querist)

08 May 2018 ok thanks..........