1. Applicability of TDS TDS is applicable on payments such as salary, rent, professional fees, contract payments, interest, and commission Deduction is mandatory if the payment amount exceeds the prescribed threshold under relevant sections Applicable irrespective of...

1. Corporate Income Tax Base tax rate is 22% (plus surcharge and cess) for domestic companies under the new tax regime (Section 115BAA), without claiming exemptions 15% tax rate (plus applicable surcharge and cess) applies to new manufacturing companies under Section...

1. Voluntary Strike Off under Fast Track Exit (FTE) Suitable for companies that are inactive for at least one year or have no liabilities Pass a board resolution and a special resolution or obtain shareholder consent File Form STK-2 with the ROC along with: Statement...

1. Eligibility to Receive Foreign Investment A private limited company can raise foreign direct investment (FDI) Allowed under automatic route in most sectors, meaning no prior government approval is needed Some sectors may require prior government approval or are...

1. Eligibility to Issue Debentures A private limited company can issue secured or unsecured debentures Debentures may be issued privately to a group of investors (private placement), not to the public Public offering of debentures is not allowed for private companies...

1. Incorporation and Registration of Companies Approves the registration of private limited companies, public limited companies, LLPs, and other corporate entities Verifies and issues the Certificate of Incorporation, CIN (Corporate Identity Number), and name...

1. Late Filing of ROC Forms Delay in filing forms like AOC-4, MGT-7, ADT-1 incurs late fees of ₹100 per day per form These fees accumulate until the date of actual filing Additional penalties may apply if delay exceeds statutory deadlines 2. Failure to Hold Annual...

1. Filing of Financial Statements (Form AOC-4) Filed within 30 days of the Annual General Meeting (AGM) Includes audited financial statements, board report, and auditor’s report Filing is compulsory even if the company has no turnover 2. Filing of Annual Return (Form...

1. Financial Statement Filing (Form AOC-4) Every private limited company must file its audited financial statements with the Registrar of Companies (ROC) Filed using Form AOC-4 within 30 days of the Annual General Meeting (AGM) Includes balance sheet, profit and loss...

1. Legal and Regulatory Compliance Ensures the company complies with provisions of the Companies Act, rules, and corporate laws Files statutory forms, returns, and reports with the Registrar of Companies (ROC) Maintains statutory registers such as Register of Members,...