Annual Compliance of Private Limited


Package Inclusion :

  • Annual ROC Compliance
  • Corporate Income Tax Return
  • GST Monthly and Annual Return Filing
  • CA Audit Advisory Services
  • CS Corporate Law Advisory
  • Directors, Shareholders, Board Reporting
  • On Demand Lawyers for Legal Matters
  • On Demand Booking Keeping
  • Startup CFO Services (Business Plan & Financial Reporting)

Annual Compliance of Private Limited

Annual Compliance Package

Compliance calendar for Private Limited Company for Financial Year 2019-20

In 2019, many new compliance requirements have been introduced by the Ministry of Corporate Affairs.

Summary of compliance applicable for FY 2019-20:


The company is required to maintain its accounts and finalise its financial statements (Balance Sheet & P/L Account) on the basis of its accounts for the previous year.

Audit of Accounts

Audit is an independent examination of books of accounts, statutory records, and vouchers in order to ascertain whether the financials represent true & fair value. For the audit of books of accounts, an auditor has to be appointed by the company within 30 days from the date of incorporation

Income Tax Compliances

Every company is required to file Annual income tax returns by 30th September of the following financial year. Also, companies are required to adhere to withholding tax compliance. While making specific payments, a Company has to deduct tax at source (TDS) which is applicable on payments such as Salary, Interest, Dividend, Rent, Fee for professional and technical services, Commission and brokerage etc.

It is mandatory for the payer to deduct a specific percentage from the payment and pay the balance to the recipient. A quarterly return has to be filed by the payer to the Income tax department containing details of payee, date of deduction and date of remittance to department etc.

The due dates for filing TDS returns are as follows:


Filing Due Date

1st Quarter

31st July

2nd Quarter

31st October

3rd Quarter    

31st January

4th Quarter

31st May

GST Compliance

After Obtaining Online GST Registration as Normal Taxpayer, the entity will be required to file the GST returns (In Total 37) on time. The requirement of GST Returns is based on the annual turnover of a taxable person. If annual turnover is less than Rs 1.5 Cr then only you need to submit quarterly returns. On the respective Due dates of GST returns, you need to submit details of purchase and sale. Failure to file GST Returns will attract penalty.

ROC Compliance

Benefits of Annual Compliance for Private Limited Company

There are numerous benefits of a private limited company such as limited liability protection, easy to raise fund from venture capitalist and continuous existence while the confidence of the community come at the cost of increased annual compliance.

Benefits of Annual Compliance for Private Limited Company

It is mandatory for business owners to comply with Companies act, Income tax, GST & State Laws. In addition to the ROC compliances, Companies have to submit income tax returns every year by 30th September.

Benefits of Annual Compliance for Private Limited Company

From the year 2018, the compliance requirement has been increased now for private limited companies. We ensure to meet the corporate compliances on time as and when they are due. At Enterslice, we provide end to end advisory services to clients so that they can focus on business and our dedicated team of consisting team of 300+ CA, CS & Lawyers will take care of business compliance.

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