Private Limited Company need to do compliances under Income
Tax Act, under companies act and various another act.
Compliances Under Companies Act 2013
Every company need to do mandatory compliances under companies Act as list below.
- Statutory Audit under companies act 2013.
- Filing of annual return in form no. MGT-7 and submit
annual account in form No. AOC-4.
- Auditor appointment form in ADT-1.
- Director KYC compliances annually.
- DPT-3 form for loans and deposit taken by company.
- MSME-1.
Some Event based compliances also need to be done in the following cases.
- Appointment, resignation of directors.
- Increase of share capital.
- Change of registered office address.
Compliances Under Income Tax Act 1961
Every company need to do compliances under Income Tax Act as below.
- Filing of Income tax return before due date.
- Transfer Pricing audit and filing if applicable.
- Get Tax Audit from CA if applicable.
- Do TDS compliances to pay TDS on time and file TDS
return on quarterly basic.
Compliances Under Other Act
- Professional Tax compliances (PTRC and PTEC).
- PF Compliances if applicable.