Alert – High Value Transactions Flagged
Reading Time: 3 minutesThe tax department has introduced the revised Form 26AS (Annual tax statement). Now, Form 26AS contains the details of all high-value transactions. It also helps the taxpayers in filing their return of income without missing any income. But one should be careful in analyzing the same as it can call for notice.
One Person Company Registration
Reading Time: 3 minutesThe concept of one person company was introduced under the Companies Act, 2013. One person company is the hybrid of a private limited company and sole proprietorship. An individual who is willing to be the director and owner of the company can start his/her OPC.