Clarification on remittance by sole proprietor under LRS.

Remittance under LRS: sole proprietors are treated as the same individual, so annual remittances aggregate for the owner.

A sole proprietorship lacks separate legal personality for LRS purposes, so the proprietor's individual eligibility determines remittance capacity; once the proprietor has utilized the permissible annual LRS limit in his personal capacity, he cannot remit an additional equivalent amount by debiting the sole proprietorship's current account because remittance entitlements are aggregated at the individual proprietor level.