if a person has branches in multiple states and he has same PAN, then can he take composition scheme for one branch only else other branches are under normal scheme ?
Kamal Kumar
CA Inter
★ 7K+
29-Mar-23 20:29
558
Answers (4)
Cant do selectively
CA Suraj Lakhotia
Admin
29-Mar-23 20:33
A person cannot opt composition for one branch and regular for rest of the branches. If he opts regular for any one of the branch then every other branch has to follow regular scheme only.
Divya Sri Vemavarapu
CA Final
★ 15K+
29-Mar-23 20:33
No
Sugam SM
CA Final
★ 9K+
30-Mar-23 02:13
No , u/s 10(2) and 10(2A) , a person intending to undertake C.L shall opt it all over PAN basis.