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1. MCA Compliance India
1.1. Company Compliance
1.2. LLP Compliance
1.3. Financial Year (FY) 2023-24

MCA Compliance India

Every registered entity must fulfill its compliance obligations at the end of each financial year. These typically encompass tasks such as auditing financial records, filing income tax returns, and submitting annual financial statements.

Company Compliance

FormCompany ComplianceDue datePenalty
COB FilingCommence of Business CertificateTo be filed before 180 days of company IncorporationRs.50,000 for non-compliance
DIR 3 E-KYCAny director with DINOn or Before 30th September every yearDeactivation of the DIN
A late filing fee of Rs.5,000
Disqualification of the Directors
Form ADT 1Appointment of auditorWithin 15 days from the date of appointment of the AuditorLate fees will be applicable, with fees ranging from 2 to 12 times the nominal fee, depending on the number of days of delay.
Form AOC 4Filing financial statements of the company30 days from the conclusion of the AGMLate fees will be applicable, with fees ranging from 2 to 12 times the nominal fee, depending on the number of days of delay.
Form MGT 7Annual Returns of the Company60 days from the conclusion of the AGM

 

LLP Compliance

All Limited Liability Partnerships (LLP) registered in India are required to file statutory returns with the Ministry of Corporate Affairs (MCA) each year.

FormLLP ComplianceDue datePenalty
DIR 3 KYCFor every designated partner of a limited liability partnership (LLP) with DINBefore 30th September every yearDeactivation of the DIN
A late filing fee of Rs.5,000
Disqualification of the Partners
Form 11Annual ReturnsMay 30th every yearLate fees will be applicable, ranging from 1 to 15 times the nominal fee for Small LLPs and 1 to 30 times the nominal fee for other than Small LLPs, depending on the number of days of delay.
Form 8Statements of Accounts and Solvency30th October every year

Financial Year (FY) 2023-24

EntityFormDue date
Private Limited CompanyAnnual Return (Form MGT-7)60 days from the conclusion of the AGM or 28th November 2024 (Which Ever is Earlier)
Financial Statements (Form AOC-4)29th October 2024
DIR-3 KYC30th September 2024
Form DPT-330th June 2024
Form ADT-1Within 15 days from the date of appointment of the Auditor
ITR 6 (Non audit case)31st July 2024
ITR 6 (Audit Cases)31st October 2024
GSTR 931st Dec 2024
Limited Liability PartnershipITR 5 (Non audit case)31st July 2024
ITR Form 5 (Audit case)30th September 2024
Annual return – Form 1130 May 2024
Financial Statements – Form 830 October 2024

In addition to the filings mentioned earlier, various compliance filings may be required based on the type of entity and the nature of business activities. It is advisable to consult with an EYC Advisor to ensure that your company meets all necessary compliance requirements at a very affordable price.