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one person company, Corporate Laws / SEBI / LLP

Issue Id: - 107917
Dated: 30-1-2015
By:- vaibhav sharma

one person company


  • Contents

please give information about provisions of income tax applicability on one person company(opc) and if there is any relief or exemption for certain specified business

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1 Dated: 31-1-2015
By:- MARIAPPAN GOVINDARAJAN

The income tax applicable to OPC is as that of a company. It is, therefore, observed as one of the disadvantage in formation of OPC. To the best of my knowledge no relief has been granted income tax for OPC.


Page: 1

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