What is the status of OPC for Income Tax purposes. Whether it will be treated as a Company or an Individual.
4 Replies
Suresh Pai S
(Tax Consultant)
(1029 Points)
Replied 17 January 2017
Company will be treated as a separate assessee in Income Tax.
Prashant Sharma
(CA)
(389 Points)
Replied 17 January 2017
'company' both owner and comapany treated as separate
Prashant Sharma
(CA)
(389 Points)
Replied 17 January 2017
company, because both owner and OPC are treated as separate entity.
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