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One Person Company - Meaning, incorporation, annual filing and restrictions etc.The concept of One Person Company (OPC) was introduced to encourage unorganized proprietary businesses to enter the organized corporate world. An individual company as the name suggests is a company in which one person is a member. Like any other…

TURNOVER CALCULATION AND TAXABILITY OF FUTURES AND OPTIONS - SIMPLIFIED1. The formula for calculating turnover in F&O.         2. When is a tax audit required?         3. What will be your loss if the same is declared while filing the return along with the tax audit report?         4. If the assessee is…