Income Tax Return Filing

• Companies must file their annual income tax return using Form ITR-6.
  
• Filing must be completed by October 31st of the assessment year.
  
• Companies engaged in international transactions must file by November 30th.
  
• Filing must be done electronically with a digital signature.
  
• All financial disclosures and schedules must be accurately completed.
  

Tax Audit and Reporting

• Tax audit is mandatory if turnover exceeds the threshold under section 44AB.
  
• The audit report must be furnished in Form 3CA/3CB with Form 3CD.
  
• Filing of the audit report must be completed before the income tax return.
  
• Documentation should include quantitative details, disallowances, and compliance status.
  
• Companies may also require audit under the Companies Act separately.
  

TDS Compliance

• Companies must deduct tax at source on eligible payments.
  
• Monthly deposit of TDS is due by the 7th of the following month.
  
• Quarterly TDS returns must be filed in prescribed forms.
  
• TDS certificates (Form 16A) must be issued to deductees on time.
  
• Accurate reconciliation with Form 26AS is essential.
  

Advance Tax Payment

• Corporate taxpayers must pay advance tax in four instalments.
  
• Due dates are June 15, September 15, December 15, and March 15.
  
• Failure to pay advance tax leads to interest under sections 234B and 234C.
  
• Tax payments should be made using challan ITNS 280.
  
• Proper records must be maintained for each instalment.
  

Other Statutory Requirements

• Maintenance of books of accounts and relevant supporting documents.
  
• Compliance with GST, MCA filings, and other regulatory submissions.
  
• Declaration of transactions with related parties and compliance with transfer pricing.
  
• Filing of Form 3CEB if international or specified domestic transactions exist.
  
• Record retention and timely response to any income tax notices.