Demand cut from ₹10,050 to ₹1,310
TaxSavvy for ROC filing
ROC filing late? ₹100 a day, every form.
We file AOC-4 and MGT-7 after the AGM, with board papers ready.
If you wait: ₹100 a day additional fee for each form, no cap (Companies (Registration Offices and Fees) Rules 2014)
What you send
Any one of these gets us started. Photos are fine.
- Last year's accounts
- GST returns
Send them on WhatsApp or upload after you start. Documents are encrypted and seen only by your CA.
How we get it done
Four steps, the same for every job. You see each one ticked.
Information
Signed audited financial statements. Board's report with annexures
Discussion
When was the AGM held, and were the accounts adopted or the meeting adjourned?. Is the company an OPC, small, dormant or start-up private company?
Forms
Decide the variant: AOC-4, AOC-4 CFS, AOC-4 XBRL or AOC-4 NBFC (Ind AS). Collect and check ADT-1, MGT-14 (if any) and prior AOC-4 SRNs to be entered in the form
Deliverables
SRN and payment challan. Approval mail from MCA
See what you get, free
Real formats, made with dummy data.
Sample Sample ₹30,700 leaking every month
Sample Books from your bank statement
13 bank lines, books balanced
Questions, answered the CA way
Facts, Provisions and law, Analysis, Conclusion.
ROC Annual Filing: AOC-4 (Financials) and MGT-7 (Annual Return)
- Facts
- Every private limited company must file two annual returns with the Registrar of Companies (ROC/MCA21). AOC-4: audited financial statements (balance sheet, P&L, board report). MGT-7: annual return (shareholding, directors, share capital changes). Missing these: ₹200/day penalty per form until filed. After 3 consecutive years of non-filing: directors can be disqualified.
- Provisions and law
- Sec 137; Sec 92; Sec 96; Sec 164(2); Sec 454
- Analysis
- AOC-4, Financial Statements package: Must include: Balance Sheet (as of March 31). Statement of Profit and Loss. Cash Flow Statement (if not small company). Statement of Changes in Equity. Notes to Accounts. Board Report (must include: extract of annual return, composition of committees, material changes, CSR report if applicable, directors' remuneration). Auditor's Report (statutory audit). All digitally signed by director and filed on MCA21. MGT-7, Annual Return contents: Company details (registered office, type, CIN). Share capital and debentures. Shareholding pattern (each shareholder with PAN, % holding). Transfer of shares during year. Directors and Key Managerial Personnel (DIN, designation, joining/cessation). Meetings held. Related party contracts. Declaration of compliance. Signed by director and CA/CS.
- Conclusion
- Statutory audit complete? Auditor issues signed audit report before AGM can be held
- Hold AGM by September 30 (for March 31 FY companies): shareholder meeting with required agenda
- Board Report prepared: includes all mandatory disclosures under Companies Act 2013
- File AOC-4 on MCA21 within 30 days of AGM (by October 30 typically)
AIS Reconciliation Before Filing
- Facts
- AIS (Annual Information Statement) is what the government already knows about your income. Any mismatch between AIS and your ITR triggers a Sec 270(1), Income-tax Act 2025 (old Sec 143(1)) notice automatically.
- Provisions and law
- Sec 510 (old 285BB); Rule 114-I; Sec 270(1) (old 143(1)); Sec 439 (old 270A)
- Analysis
- What AIS shows (50+ types): Salary TDS (employer reported), FD/savings interest (bank reported), MF redemptions (CAMS/registrar reported), property transactions (registrar reported), dividend income (company reported), share transactions (SEBI/exchanges reported), foreign remittances (bank reported). How to access AIS: incometax.gov.in → Services → Annual Information Statement (AIS) → Download AIS. Also available as PDF and JSON. Two views: Taxpayer Information Summary (TIS), consolidated; AIS, detailed per transaction. AIS feedback mechanism: If a transaction in AIS is incorrect (e.g. bank reported wrong amount, MF company reported your brother's transaction), submit feedback: "Incorrect information" or "Income not pertaining to me". Feedback reduces AIS figure for that item. TIS vs AIS: TIS shows consolidated income by category (salary, interest, dividends). Use TIS to fill ITR.
- Conclusion
- Download AIS from IT portal (available from May for previous FY)
- Download TIS, compare each category with your own records
- Category 1, Salary: Matches Form 130 (old Form 16)? If multiple employers, sum of all Form 16s must match AIS salary figure
- Category 2, Interest: Bank FD interest + savings interest. Cross-check bank certificates
Composition Scheme: Rates, Eligibility, Filing, Exit
- Facts
- For small businesses below ₹1.5Cr turnover, pay GST at a flat lower rate on turnover instead of the standard 18/12/5% structure. No ITC, no B2B GST invoices, simplified compliance. Two returns a year instead of 24+ monthly filings. But once you cross ₹1.5Cr or make inter-state supply, you must exit.
- Provisions and law
- Sec 11 (old 10(1)); Sec 11 (old 10(2)); Sec 11 (old 10(5)); Rule 7; Sec 10(3)
- Analysis
- Who benefits most from composition scheme: Small retailers, kirana shops, small restaurants, local manufacturers, where most customers are B2C (end consumers). Since composition taxpayer cannot issue tax invoices, your B2B corporate clients cannot claim ITC, so if you primarily serve corporates, composition is not ideal. Tax payment under composition: No monthly tax computation on invoice-by-invoice basis. Just pay a fixed % of quarterly turnover. Pay via CMP-08 quarterly (by 18th of month after quarter). Annual return GSTR-4 by April 30. Much simpler than monthly GSTR-1 + GSTR-3B + quarterly GSTR-9. What composition taxpayer cannot do: Cannot collect GST from customer (tax comes from your own pocket on your turnover). Cannot issue a GST tax invoice, only "bill of supply" without GST. Cannot make inter-state sales. Cannot supply exempt goods without exiting.
- Conclusion
- Check eligibility: aggregate turnover in preceding FY ≤ ₹1.5Cr (₹75L for services)
- Confirm no inter-state supplies made or planned in the FY
- Confirm not selling on Amazon/Flipkart/Meesho (e-commerce aggregator = not eligible)
- Apply for composition: GST portal → Services → Registration → Application to opt for Composition → Form CMP-02
Section 276C / 276CC (now 478 / 479): Prosecution notice (when it becomes criminal)
- Facts
- Prosecution under the IT Act is rare but real. Sec 276C (now Sec 478, Income-tax Act 2025): Willfully attempting to evade tax, imprisonment 3 months to 7 years + fine. Sec 276CC (now Sec 479): Failure to file ITR, imprisonment up to 7 years if tax evaded exceeds ₹25L. Sec 277: Submitting false statement or document, imprisonment 6 months to 7 years.
- Provisions and law
- IT Act 1961, Sec 276C (now 478; tax evasion), Sec 276CC (now 479; non-filing), 277 (false statement)
- Analysis
- Key distinction, wilful vs negligent: Prosecution requires wilful act. A genuine mistake or negligent omission is not sufficient for prosecution. If you can demonstrate no wilful intent, prosecution is difficult to sustain. Compounding available: Sec 279(2) allows compounding (settlement without trial) on payment of tax, interest, penalty + a compounding fee. Apply for compounding before charge-sheeted.
ROC filing late? ₹100 a day, every form.
A Chartered Accountant handles it. Fixed price, told before you pay.
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