Receiving payments from customers in a savings account.

zealvert
New Community Member

Hi. I wish to receive payment from my customers in my personal, savings account. Is it legally correct?

 

My business is registered as a proprietorship firm, and both --my business account and savings account share my PAN number. 

 

But due to a much better user interface and other facilities, I would like to receive my business payments in my savings account. 

 

Thank you

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