IT Return - Limited Company / OPC / LLP
Income Tax Returns (ITRs) for different types of entities, such as Private Limited Companies (Pvt Ltd), One Person Companies (OPC), Limited Liability Partnerships (LLP), Trusts, Societies, and Non-Governmental Organizations (NGOs), vary in terms of the forms used and the specific requirements.
Private Limited Company (Pvt Ltd)
Pvt Ltd companies generate income through their business operations, such as selling goods or services. Pvt Ltd companies are required to comply with corporate tax laws, including maintaining proper accounting records and adhering to the tax filing deadlines.
One Person Company (OPC)
OPCs are single-member companies, and their income is primarily generated through their business activities. OPCs must adhere to corporate tax laws, maintain proper accounting records, and meet tax filing deadlines.
Limited Liability Partnership (LLP)
LLPs earn income from their professional services or business activities. LLPs must maintain proper accounting records, file annual returns with the Registrar of Companies, and meet income tax filing requirements.