Do sole proprietors fill an ITR12 for income tax?
Do sole proprietors fill an ITR12 for income tax?
Please help, I really need the answer to the above question !
Hi Ace
Yes they do. It is by answering the initial questions honestly that you will find that section available to you. A sole proprietor, for tax purposes, is simply someone who has an income from an economic activity other than employment at a registered employer.
Thanks you for your post. How would fill out an ITR12 if you are showing nil returns.
Hi Andromeda, thanks so much for your speedy reply. You've been super helpful!
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