Riyaz (accountant) (310 Points)
19 June 2011One of my client operating their transport business in his Mothers name. She is having many trucks for transportation. But his mother is old age. So he cant disturbs his mother again & again for any legal procedure like dealing with RTO, income tax, bank matters, or any other legal formalities. So what exactly he can do to make it business easy????
What is a procedure to operate his Mothers Business Legally??? which kind of Deed He need to make for legal works???
U S Sharma
(glidor@gmail.com)
(21056 Points)
Replied 19 June 2011
Power of Attorney in favor of you executed by mother will solve the issue.
CA ADITYA SHARMA
(CA IN PRACTICE )
(16719 Points)
Replied 20 June 2011
yes power of attorney will enough
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