Appointment of Auditor (Within 30 Days of Incorporation)
All companies Registered in India must Appoint a Statutory Auditor within 30 Days of Incorporation.
The compliance requirement for private limited company has drastically changed over the years 2018 and 2019. The following is a summary of private limited compliance due dates in 2021.
Commencement of Business
(Form 20A Within 180 Days of Incorporation)
Companies registered in India after November 2018 and having a share capital are required to obtain commencement of business certificate before commencing any business or exercising any borrowing powers. The commencement of business certificate must be obtained within 180 days of incorporation of the company. Failure to obtain commencement of business certificate will lead to a penalty of Rs.50,000 for the company and a penalty of Rs.1000 per day for the Directors for each day of default. This Penalty has been replaced with Additional Fees.
ACTIVE e-Form INC 22A
Companies registered on or before 31st December 2017 are required to file eForm ACTIVE INC-22A on or before 15th June 2019. Failure to File eForm ACTIVE will lead to a Penalty of Rs. 10,000/-.
Form DPT-3
Form DPT-3 filing must be made by all companies other than a Government company on or before The Due Date (required to be filed within 90 days from end of each Financial Year i.e June 30, 2023).
Hence, All Private Limited Company, OPC, Limited Company or Section 8 Company would be required to File DPT-3 (One Time Form).
DIN eKYC
DIN eKYC or DIR-3 eKYC form must be filed for all the Directors of the company. In DIR-3 eKYC filing, the Director must provide and verify it by OTP the Unique Mobile Number and Email Id.
Failure to File DIN eKYC will attract a Penalty of Rs. 5,000/- Per DIN (Director Identification Number)
Due date of filing is 30th September 2023.
MSME 1 (Half Yearly Return)
Form MSME I (half-yearly return) has to be filed within 30 days from the end of each half-year in respect of outstanding payments to Micro or Small Enterprise i.e. 30th April 2023 (for October 2022 to March 2023) 31st October 2023 (April 2023 to September 2023)
Failure to File form will attracts a Penalty of Rs. 25,000/-
Book-Keeping, Auditing, ITR, AOC-4 & MGT-7A
Due date of ITR is 30th September 2023
Due date of AOC-4 is 30th October 2023 (Form 01st Nov 2023, late fees of Rs. 100/- per day will be levied)
Due date of MGT-7A is 29th November 2023 (Form 30th Nov 2023, late fees of Rs. 100/- per day will be levied)