john (LEARNER) (549 Points)
17 March 2011IF Mr. A wants to run diffrent business under his proprietorship. (mumbai)
trade: motor cycle parts, assembled computers, printing & stationary, plastic dustbins etc.
he begin with motor cycle parts for last two year
IS HE REQUIRED TO TAKE DIFFERENT TIN no.
He has taken gumasta license when he started motor cycle parts business.
IS THERE ANY CHANGE REQUIRED IN GUMASTA LICENSE if he starts more than one business as mentioned above.
Pankaj Arora
(Learner)
(3134 Points)
Replied 17 March 2011
only one TIN should have for proprietorship firm.
CA ANUPAMA
(CMA, CA )
(149 Points)
Replied 17 March 2011
Under Proprietorship business, one TIN is enough. If he want to start any Firm with others, then he has to take another TIN in the name of the said firm.
john
(LEARNER)
(549 Points)
Replied 17 March 2011
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Thank you all please any my 2nd question also
He has taken gumasta license when he started motor cycle parts business. IS THERE ANY CHANGE REQUIRED IN GUMASTA LICENSE if he starts more than one business as mentioned from the same shop.
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CAclubindia
