Proprietary firm issues

Swapnil Patil (Entrepreneur) (41 Points)

06 January 2012  

Respected Members,

I would be thankful for answering my following queries:

 

a)  Can Proprietary Firm be started from own house (is Shop Act necessary?) ;

b)  I couldn't understand how proprietary firm is Taxed?

 

Waiting for your valuable replies. Thanks!

 

Swapnil Patil, Nagpur.