Since the Businesses are proprietory , we are not filing the return of the business but of the proprietor. Return of income tax is filed for the proprietor and not for the business. Hence I agree with the single audit view expressed above.
Rahul Ramesh
(CA Final, BCom, MBA)
(1084 Points)
Replied 14 November 2009
Since the Businesses are proprietory , we are not filing the return of the business but of the proprietor. Return of income tax is filed for the proprietor and not for the business. Hence I agree with the single audit view expressed above.
Kamal Jain
(FCA)
(200 Points)
Replied 27 November 2009
One Audit.However 3CD will be separate for each business.
Analysis of 20 GST Notices (including 2 Appeals) and Practise on Drafting(with recording)
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)
CAclubindia
