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Proprietary firm

Swapnil Patil (Entrepreneur) (41 Points)

28 December 2012

Dear All, If proprietary firm is operted from Residencial Address, same can be mentioned on ITR 4? Will it be allowed?

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manoj (student) (5205 Points)
Replied 28 December 2012

yes u can write residential address as business address

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Swapnil Patil (Entrepreneur) (41 Points)
Replied 28 December 2012

Thanks Mr. Manoj, Even I would like to know that shop act can be taken on Residence address. Any tax implecation come in this case? Thanks in advance.

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