Kajol Mathur & Associates
Practicing Company Secretaries
Annual Compliances
We help businesses stay compliant with ROC filings, Corporate Governance, and Annual Statutory requirements like Annual Returns, Filing of Financial Statements, Director KYC, maintaining Statutory Registers etc.
Annual Statutory Compliances
Annual compliances are essential regulatory requirements that businesses must fulfill under applicable laws to ensure transparency, accountability, and legal adherence. Different business structures in India as discussed under 'Our Start-up Services'.
Private and Public Limited Companies must file Annual Returns (MGT-7/MGT-7A) and Financial Statements (AOC-4) with the Registrar of Companies (ROC), conduct Statutory Audits, and adhere to Income Tax and GST regulations. A class of Public Companies additionally require Secretarial Audits (MR-3) under Section 204 of the Companies Act, 2013. LLPs must submit Form 11 (Annual Return) and Form 8 (Statement of Accounts & Solvency), along with tax filings. Partnership Firms and Sole Proprietorships have relatively fewer compliances, mainly Income Tax Return (ITR-5/ITR-3), GST returns (if applicable), and TDS obligations.
For One Person Companies (OPCs), compliance is simplified, requiring MGT-7A, AOC-4, and ITR-6, with relaxed meeting requirements. Section 8 Companies, being non-profit organizations, must file annual reports, financial statements, and CSR reports (if applicable) under Section 135 of the Companies Act.
Legal Structure | Key Compliance | Forms | Timeline/Frequency | Authority |
|---|---|---|---|---|
Sole Proprietorship | Income Tax Return (ITR) | ITR-3 / ITR-4 | Annually (by 31st July) | Income Tax Dept |
GST Return (if registered) | GSTR-1, GSTR-3B | Monthly / Quarterly | GST Dept | |
Shops & Establishment License Renewal | As per State Laws | Annually or Biennially | Local Municipality | |
Partnership Firm | Income Tax Return | ITR-5 | Annually (by 31st July / 31st Oct if audit applicable) | Income Tax Dept |
GST Return (if registered) | GSTR-1, GSTR-3B | Monthly / Quarterly | GST Dept | |
Partnership Deed Registration (Optional) | Form 1 (Registrar of Firms) | One-time | State Registrar | |
LLP | Annual Return | Form 11 | 30th May every year | MCA (ROC) |
Income Tax Return | ITR-5 | Annually (by 31st July / 31st Oct if audit applicable) | Income Tax Dept | |
GST Return (if registered) | GSTR-1, GSTR-3B | Monthly / Quarterly | GST Dept | |
Statement of Account & Solvency | Form 8 | 30th Oct every year | MCA (ROC) | |
Private Limited Company | Annual Return | Form MGT-7 | 60 days from AGM | MCA (ROC) |
Financial Statements Filing | Form AOC-4 | 30 days from AGM | MCA (ROC) | |
Board Meetings (min 4/year) | Minutes Book | Ongoing | Internal/ROC | |
Statutory Audit | Audit Report | Annually | Income Tax /MCA | |
Income Tax Return | ITR-6 | Annually (by 31st Oct) | Income Tax Dept | |
GST Return (if registered) | GSTR-1, GSTR-3B | Monthly / Quarterly | GST Dep | |
One Person Company | Annual Return | Form MGT-7A | 60 days from AGM | MCA (ROC) |
Financial Statements Filing | Form AOC-4 | 180 days from year-end | MCA (ROC) | |
Statutory Audit | Audit Report | Annually | Income Tax Dept/MCA | |
Income Tax Return | ITR-6 | Annually (by 31st Oct) | Income Tax Dept | |
GST Return (if registered) | GSTR-1, GSTR-3B | Monthly / Quarterly | GST Dept | |
Public Company | Annual Return | Form MGT-7 | 60 days from AGM | MCA (ROC) |
Financial Statements Filing | Form AOC-4 | 30 days from AGM | MCA (ROC) | |
Income Tax Return | ITR-6 | Annually (by 31st Oct) | Income Tax Dept | |
Board Meetings (min 4/year) | Minutes Book | Ongoing | Internal/ROC | |
Payment to MSME Vendor | MSME-1 | Half Yearly Return | MCA (ROC) | |