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 Introduction  If a company does not eligible for an exemption under Section 11 of the Income Tax Act of 1961, it must file an ITR 6 Form electronically to file its income tax returns. It is an annual compliance for a Private Limited Company. The companies that receive income from real estate held for charitable or religious purposes are eligible to seek an exemption under Section 11 ((Income from property held for charitable or religious purposes) of the Income-tax Rules. Therefore, companies that do not claim tax exe... more

  Introduction  The Annual General Meeting must be conducted within 6 months from the closure of the financial year i.e., 30th March every year. Once the AGM is concluded, the Private Limited Company compliancesmust file annual returns, financial statements, DIN eKyc and any other compliance with the Registrar of the Company.   What is a Private Limited Company?  A Private Limited Company is a separate legal entity from its directors or shareholders. For it to remain operational, it needs to... more