Annual Compliance,Auditing & Taxation
After Registering a Private Limited Company, there are many compliances which becomes the legal obligation for the Private Limited Company. Generally, there are two types of compliance i.e. Post-Incorporation Compliances and Mandatory Annual Compliances.
COMPLIANCE FOR COMPANIES
- Accounting
- Accounting Data Soft Copy
- Preparation of Trial Balance
- Preparation of Profit & Loss Account
- Preparation of Balance Sheet
- Audit and Tax Audit
- Filling of Income-tax Return of the Company
- Filling of form “ITR 6” for Income Tax Return with the department.
POST INCORPORATION COMPLAINCE
- Letterhead
- Company Seal
- Share Certificates
- Opening A Bank Account
- Maintain Statutory Registers
MANDATORY ANNUAL COMPLAINCE
- Board Meetings
- Auditor Appointment
- Annual general Meeting
- Income Tax Return filling
- ROC filling
Annual Compliances
- Drafting of Board’s report
- Drafting of Annual return;
- Obtaining the financials from Auditor;
- Preparation of Documents for Auditor’s re-appointment, if any;
- Preparation of Fresh Appointment letters to Auditors, if any;
- Filling of form “ITR 6” for Income Tax Return with the department.
RoC Compliances
- Appointment of Chartered Accountant as an Auditor
- ADT-1 : Appointment of Auditor
- AOC-4 : Filling of Financial Statements
- MGT-7: Filling of Annual Return
- Drafting of Director Report