Income Tax Return of Companies

Annual Compliance for Private Limited Company

• Every Pvt Ltd shall comply with Annual Requirements of ROC and Income Tax and shall file
• Income Tax Return every year before 30th Sep 
• File Form MGT-7 - Statement of Disclosure of ShareHolders and Directors - within 60 days from Date of Annual General Meeting (AGM)
• File Form AOC-4- Annual Return of Companies before 30th October every year.

Following documents are required for ITR and ROC filling of your Company-

1. Bank Statements of all accounts in the name of Company and Individual.

2. Sales Tax/Service/TDS Tax returns if any

3. Invoices of all purchases and sales.

4. Invoices of all types of expenses.

Procedure For Annual Compliance fulfillment Procedure

• Maintain Proper Books of Accounts.
• Prepare and File Balance Sheet
• Get your accounts Audited by Chartered Accountant
• File Form ADT-1, MGT-7 and Form AOC-4 with ROC
• File Income Tax Returns with Income Tax Department

Need for Annual Complaince

• Late filing or non-filing of Annual Return before the due date will attract a penalty 12 Times of Normal Fees.
• Further, the Company cannot be wound-up or closed without filing of the return.
• Therefore, it is best to file the Annual Return within the due dates.