proprietorship firm income

v dcvs (Software) (112 Points)

23 December 2009  

Hello,

The proprietor of M/s XYZ proprietorship firm has given premises on rent to M/s
abc proprietorship firm from last 4-5 months.Now ,
The proprietor of M/s XYZ proprietorship firm has not any income proof to state
its income as its has only been 4-5 months.Now, How can The proprietor of M/s
XYZ proprietorship firm can show its income proof.(Assuming rent is paid by
cheque of Rs 21000 monthly).can he state on his letter head... and wht he has to
write to state its income proof.?

Thnx in advance