???? Everything You Need to Know About Private Limited Company Compliances in India
???? Everything You Need to Know About Private Limited Company Compliances in India
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???? Everything You Need to Know About Private Limited Company Compliances in India
— From the Desk of Akhil Amit & Associates, Pune
Starting a company is exciting. But keeping it compliant? That’s where most entrepreneurs feel overwhelmed.
If you’re running a Private Limited Company in India, this blog is for you. Whether you’re a first-time here founder, a small business owner, or already scaling up, understanding your annual compliance responsibilities is the key to avoiding penalties—and staying credible.
At Akhil Amit & Associates, we’re proud to be regarded as the Best CA in Pune for Private Limited Compliances, thanks to our commitment to clarity, compliance, and client-first service.
???? But First, What Is Compliance?
In simple terms, compliance means fulfilling all the legal requirements under Indian business laws—especially the Companies Act, 2013, Income Tax Act, and GST regulations.
For Private Limited Companies, these rules include timely filings, audits, and disclosures that keep your company legally active, financially sound, and publicly trustworthy.
Think of it like this: Compliance is not a burden—it’s your business’s reputation insurance.
???? The Most Important Compliances You Must Follow
Here’s a breakdown of what you need to do, how often, and why it matters. And don’t worry—we handle all of this for our clients.
✅ 1. File INC-20A – Commencement of Business
Once your company is incorporated, you must file Form INC-20A within 180 days.
Miss it, and ROC can freeze your bank accounts. Yes, it’s that serious.
✅ 2. Appoint a Statutory Auditor (Form ADT-1)
Every company must appoint a Chartered Accountant within 30 days of incorporation. This is crucial because only a registered auditor can certify your financials later.
✅ 3. GST Filings – Monthly or Quarterly (GSTR-1 & GSTR-3B)
If you’re GST-registered, you must file:
GSTR-1 – Outward sales details
GSTR-3B – Tax summary and payment
Late fees, blocked ITC, or GSTN notices await those who ignore these.
✅ 4. Maintain Your Books of Accounts
Good accounting isn’t just for tax time—it’s your compliance backbone.
We help with:
Accurate ledger entry
Vendor/customer reconciliation
Payroll processing
Inventory tracking
This ensures your ITRs, GST returns, and ROC filings match—keeping you safe from scrutiny.
✅ 5. Quarterly TDS Returns
If you deduct TDS from salaries, contractor payments, or rent—you must file quarterly returns:
Form 24Q, 26Q, 27Q
Deadlines: July 31, Oct 31, Jan 31, May 31.
Non-compliance = daily late fees + interest.
✅ 6. Income Tax Return (ITR-6)
All Pvt Ltd companies must file ITR-6 by October 31st of the assessment year.
We prepare accurate tax computation and submit it using your DSC.
✅ 7. ROC Annual Filings – AOC-4 & MGT-7 / 7A
These are like your company’s “report cards” to the Registrar of Companies.
AOC-4: Financials
MGT-7/7A: Annual return
Filing deadlines are 30–60 days from the AGM. We ensure everything is submitted on time.
✅ 8. KYC, DPT-3, MSME-1 & Other Forms
Your directors need to file DIR-3 KYC.
Your company must disclose loans or deposits via DPT-3.
If you owe any MSMEs, report them using MSME-1.
We provide a personalized compliance tracker for each client—so you never miss a deadline.
✅ 9. Event-Based Filings (Whenever Something Changes)
Have you:
Appointed a new director?
Changed your capital structure?
Allotted new shares?
Opened a new bank account?
Then you need to file relevant forms (DIR-12, PAS-3, MGT-14, etc.) with the MCA.
Most businesses forget these. That’s where we come in.
???? Who We Are
We're Akhil Amit & Associates, a firm of experienced Chartered Accountants helping businesses across India. Based in Pune, we assist with:
Company registration
GST & TDS return filing
Bookkeeping
ITR preparation
Statutory audits
MCA filings
GMB optimization
We’re proud to be known as the Best CA in Pune for Private Limited companies.
???? Need Help?
We’re always just one call away. Whether you're planning to incorporate or just want a second opinion on your current compliance status, we’d be happy to help.
???? Visit: https://akhilamitassociates.com/
???? See Our Google Reviews: https://g.co/kgs/FaaDHjt
???? Final copyright
Compliance might seem like paperwork. But in truth, it’s your company’s first line of defence—against penalties, legal issues, and lost opportunities.
Let’s build your business the right way—compliant, clean, and ready to grow.
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