Service Overview & Who Needs It
The financial year-end is a critical period for businesses, requiring meticulous consolidation and filing of financial data with multiple government bodies. Final Compliance & Tax Filing ensures your business remains 100% compliant, avoiding penalties and scrutiny notices. This service is essential for Private Limited Companies, LLPs, and Partnerships that need to file Income Tax Returns (ITR), ROC forms, and GST Annual Returns.
At Technocrat Oasis, we handle the entire process, from statutory audits to Directors' Report drafting, ensuring seamless synchronization across Income Tax, GST, and ROC filings.
Step-by-Step Execution Plan
1. Initial Consultation & Document Collection
Begin by scheduling a consultation to assess your compliance needs. Provide essential documents such as bank statements, invoices, GST returns, TDS challans, and payroll sheets.
2. Statutory & Tax Audits
Our Certified Chartered Accountants (CAs) conduct detailed audits under the Companies Act, 2013, and the Income Tax Act, 1961, ensuring financial transparency and accuracy.
3. Corporate ITR Filing
We prepare and file your Income Tax Returns accurately and on time, avoiding late fees and ensuring compliance with the latest tax regulations.
4. ROC Form Filing (AOC-4 & MGT-7/7A)
File Form AOC-4 for audited financial statements and Form MGT-7/7A for annual returns, detailing shareholding structure and directorship changes.
5. GST Annual Return (GSTR-9 & GSTR-9C)
Consolidate your monthly GST data, identify mismatches, and file the GST Annual Return along with the Audit Certification.
6. Directors' Report Drafting
Our experts draft the mandatory Directors' Report, summarizing your company's financial performance and future outlook.
7. TDS Returns & Reconciliation
File final quarter TDS/TCS returns and generate Form 16/16A for employees and vendors to close the financial year.
8. Notice & Scrutiny Handling
If your filings trigger scrutiny notices, our legal experts provide full representation to resolve issues efficiently.
Key Considerations & Best Practices
- Early Initiation: Start the process early to avoid last-minute rushes and errors.
- Cross-Department Alignment: Ensure data consistency across Income Tax, GST, and ROC filings to prevent mismatches.
- Accuracy Guarantee: Use advanced reconciliation software to detect and correct discrepancies before submission.
- Transparent Pricing: Opt for packages that include all mandatory forms to avoid unexpected charges.
- Data Security: Ensure your financial data is securely archived for future reference.
Frequently Asked Questions
What is the difference between monthly and final compliances?
Monthly compliances are ongoing filings like GSTR-1 and TDS payments. Final compliances involve auditing the entire year's data and filing final ITR, ROC forms, and GST Annual Return.
Is a statutory audit mandatory for loss-making companies?
Yes, a statutory audit is mandatory for Private Limited Companies, regardless of profit or loss.
What happens if ROC Annual Returns are delayed?
The MCA imposes a penalty of ₹100 per day for each delayed form. Continued delays can lead to company strike-off and director disqualification.
Consultation Call-To-Action
Ready to ensure a seamless financial year-end? Schedule a consultation with our experts today and take the first step toward penalty-free compliance.
