Private Limited Company Annual Filing
All you need to know
What is ROC Annual Filing for Private Limited Company?
Every company registered in India, including private limited, limited company, one person company and section 8 company must file annual returns with ROC every year. It requires conducting of an Annual General Meeting and filing annual accounts with ROC. AGM must be held within 6 months from the end of the financial year i.e. 30th September every year. In case of new companies, first AGM should be held within 18 months from the date of incorporation or 9 months from the close of financial year whichever is earlier. Companies Act 2013 mandates that your financial year should start from 1st April and end on 31st March.
Annual return consists of information and documents that include the Balance Sheet of the Company, Profit & Loss Account, Compliance Certificate, Registered Office Address, Register of Member, Shares and Debentures details, Debt details and information about the Management of the Company. The annual return would also disclose the shareholding structure of the Company, changes in Directorship and details of transfers of securities.
Usually, a company is required to file three forms with ROC:
- ROC Form MGT 7: which contains details of shareholding structure, change in directorship and details of the transfer of shares during the year if any. Due date for ROC Form MGT 7 would be 28th November that is 60 days from the conclusion of AGM.
- ROC Form AOC4: which contains details and annexure relating to Balance Sheet of the Company, Profit & Loss Account, Compliance Certificate, Registered Office Address, Register of Member, Shares and Debentures details, Debt details and information about the Management of the Company. The due date for ROC Form AOC 4 would be 29th October i.e. 30 days from the conclusion of the AGM.
- ROC Form ADT 1: is filed for auditor appointment. The due date for ROC Form ADT 1 would be 14th October i.e within 15 days from the conclusion of AGM.
Penalties for Non compliance in company return filing:
Non-filing of Annual returns entail hefty penalties. These are over and above normal fees charged by MCA and there is no way to reduce the penalties.
Why caagrawalkanhere as Service Provider for Your Company Annual Filing?
Entire team of caagrawalkanhere consists of Highly qualified CA, CS, Lawyers and business administrators. caagrawalkanhere would be a one stop destination for Company Compliance / ROC Compliance and filing and entire gamut of Professional and advisory services in India. caagrawalkanhere has also come up with E-Retainer Concept, which is more than just Virtual CFO Services. Our Retainership Packages will absolve you of all worries of taking care of book-keeping, returns filing, advisory, HR, Payroll, Vendor Management and many other legal compliances. You may get in touch with our compliance manager on 07552761432 or email at info@caagrawalkanhere.com for free query and to know more about the services provided by us.
All about Company Annual Filing for Private Limited Company
Points to make your decision easy
Accounting
Accounting is essential in order to comply with company compliance such as statutory audit, Annual filing and Income tax return filing. We at CA Agrawal Kanhere will take care of the same. We will prepare the balance sheet and profit and loss account for the year and then we will take care of the other compliance as well.
Statutory Audit
Every Private Limited Company is required to get their books of accounts audited only by a practicing Chartered Accountant on yearly basis. At CA Agrawal Kanhere, we will make the same happen for your company. CA Agrawal Kanhere will provide accounting services which would be done by our associated CA’s firm
Annual filing Forms
A Company is mandatorily required to file 3 forms every year. Filing has to be done regarding submission of documents of financial statement, i.e. balance sheet, P&L account in ROC form AOC 4 and annual return in ROC form MGT 7, Company report about auditor’s appointment to ROC in Form ADT 1.
MAT Audit
It is mandatory for the companies to get their account audited under MAT i.e. Minimum Alternate Tax. A report in form 29b is to be issued by a Practicing CA which certifies that MAT has been computed in accordance with Income Tax Act, 1961. We will get your books audited under MAT for your company.
Income Tax audit
The Income Tax Department has made provisions for tax audits under Section 44AB of the Income Tax Act 1961. All kinds of companies, whether it is a private limited company or one person company need to get tax audits done irrespective of annual turnover. Our associated CA firm will do that for your company.
ITR filing
Amounts paid as advance tax and withheld in the form of TDS or collected in the form of TCS will take the character of your tax due only on completion of self-assessment of your income. All companies registered in India are required to file income tax returns each year on or before September 30th.
Private Limited Company Annual Filing-Process Flow
Complete your ROC compliance in 5 Easy Steps
1
Complete Simple Checklist
2
Submit Documents
3
Notice, Director Report, Forms are prepared
4
ROC form AOC4, MGT7 & ADT1 filed
5
You receive acknowledgement
FAQs On Private Limited Company Annual Filing
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Reviews
Shivom
CA Agrawal Kanhere India pvt ltd is leading account services provider across the country. They have a very good and genuine staff. They give all the services in given time frame. My two company’s accountability done by this firm. Awesome service ..!
