REGULATORY COMPLIANCE >>
COMPANIES Two main forms- Private Limited Company(' PVT ') and Public Limited Company(' LTD '). PVT is the most common form for an international subsidiary.
Audited accounts are filed annually on public record with the Registrar of Companies(' RoC '), in a format set out under the Indian law and Indian Accounting Standards, within a set time scale. Companies also file an Annual Return which gives detail of shareholders and directors. st st
Businesses are required to follow fiscal year i. e. April 1 to March 31, for compliance under the Indian Income tax laws.
REGULATORY MATTER CORPORATE LAW
DUE DATE
Board Meeting Quarterly( calendar year basis)
Annual General Meeting(' AGM ') |
Within 180 days of closing the |
( adoption of financials) |
accounts |
Annual Return with the RoC INCOME TAX
Within 30 days of holding the AGM
th th
Corporate Tax Return September 30 / November 30
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Tax Audit Report September 30
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Transfer Pricing Report November 30 TDS Returns( Tax Withholding)
Quarterly
st
Employee Tax Return July 31 th th
SERVICE TAX October 25 & April 25