Compliance Pack
Friends and family round: compliant cheques, source of funds proof and allotment
- Small rounds go wrong when money is taken informally.
- Deadline: Allot within 60 days of receipt; PAS-3 within 15 days
- Done in Papers within 7 working days; allotment within 60 days of money
- Prepared by your Savvy, checked by a CA
- Investor PAN and KYC
- How many investors and how much each?
- PAS-3
- Investor pack with source letters
Friends and family round: compliant…
Allot within 60 days of receipt…
- IInformation5 documents
- DDiscussion3 questions
- FForms2 steps
- DDeliverablesInvestor pack with source…
Answer in brief
Small rounds go wrong when money is taken informally. We take each cheque through the private placement route into a separate bank account, collect PAN and source of funds proof from each investor so the tax officer accepts it, allot within 60 days and file PAS-3.
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From the official sources
What the law says, and what trips people up
From the official portal's manuals and FAQs, with the source for each point.
A Savvy walks you through the law and the portal for your exact case.
IDFD
How we solve it: 4 steps
Every line tracked live.
Step 1 of 4 · Information
Tap each one you already have
- Investor PAN and KYC
- Investor bank statements or ITR
- Valuation report
- Board and special resolutions
- Separate bank account
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Pay and start
₹14,999
₹14,999 + ₹2,699.82 GST = ₹17,698.82
One time. Delivered in Papers within 7 working days; allotment within 60 days of money. Due: Allot within 60 days of receipt; PAS-3 within 15 days
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