Compliance Calendar

Companies Act (2013) has prescribed certain compliances for various forms of companies like the Private limited company, Public limited Company, One Person Company etc. Annual compliances include filing the documents like Annual Return, Annual Documents, Profit and Loss Account and Certificate of Compliance with the Registrar of companies within the specified time. In order to escape the penalty, every company is required to fulfill the compliances requirement within the prescribed time limit. Further filing the annual documents assists in the smooth functioning of the company, helps to ascertain the current position of the company and also helps to discover any kind of loopholes in the functioning of the company. Thus it very crucial for every company to comply with the annual compliances prescribed.

Some of the annual compliances for various forms of companies are stated follow:

  • Appointment of auditors- Every One Person Company is required to file its annual return in form ADT 1 for the five years Appointment of Auditors.
  • Filing of Annual Return- Every One Person Company is required to file its annual return in form MGT 7 within the period of 60 days from entry of ordinary resolution in Minutes Books.
  • Filing of Financial Accounts – Every one person Company is required to file AOC 4 for the Financial Accounts within 30 days from the conclusion of Annual General Meeting.
  • Income Tax Returns- Every Private Limited Company is required to file its Income Tax Returns before 30th September every year.
  • Balance Sheet- Every Private Limited Company is liable to file their balance sheet in Form 23AC by the end of 30 days from the date of Annual General Meeting.
  • Profit and Loss Account- Every private limited Company is required to file their Profit and Loss Statement in the Form 23ACA by the end of 30 days from the date of Annual General Meeting.