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If you are liable to tax audit but not complying to it purposefully, penalty upto Rs.100,000 can be imposed. Further, the AO can be behind you with his series of notices and can waste your time, energy, money and peace of mind.
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(1) What happens if you ignore a tax audit? There is no fixed price or cost for registering a Private Limited Company in India. There are a number of dependent variables that determine the cost of incorporation of a Private Limited Company in India such as the location of registered office, number of directors, amount of authorised capital etc. energy, money and peace of mind. If you are liable to tax audit but not complying to it purposefully, penalty upto Rs.100,000 can be imposed. Further, the AO can be behind you with his series of notices and can waste your time, (1) What happens if you ignore a tax audit? How much does a Private Limited Company Registration cost in India? converting a private limited company to OPC? (2) What are the benefits of
The major benefit of converting a PLC to OPC is that being a small company as per the provisions of Companies Act, there will be comparatively lesser compliances and increased flexibility. (2) What are the benefits of converting a private limited company to OPC?
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