Hi,
Me and My father wants to start trading. So we got a doubt of how should we proceed?
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as two individuals , with two separate accounts ?
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Both register a company (pvt ltd) and trade with one account ?
I would like to know the pros and cons of both scenarios ? in Trading as well as in Saving income tax …
In my limited knowledge, I am hoping that we can save lot of tax by showing operational expenditure. Is my understanding correct ??
Thanks,
Fresh Trader