Compliance Overview
Four separate calendars run at the same time — company law, income tax, GST and foreign exchange. This is how they fit together.
Compliance in India runs on four independent calendars: company law filings with the Registrar of Companies, income tax and TDS with the Income Tax Department, returns under GST, and FEMA reporting to the RBI wherever foreign investment is involved. Each has its own due dates and its own penalty structure, and what an entity owes depends primarily on its legal form — company, LLP, partnership or proprietorship — rather than on its size or turnover alone.
What our business compliance service covers
The whole calendar, mapped to your entity and monitored through the year.
- An entity-specific compliance calendar built at the start of the year
- ROC annual filings and event-based forms
- Income tax returns, tax audit support and quarterly TDS returns
- GST returns, reconciliation and the annual return
- FEMA and RBI reporting where there is foreign investment
- Statutory registers, minutes and records maintained through the year
The four compliance streams
Separate authorities, separate deadlines, separate consequences.
Corporate law
ROC filings under the Companies Act or LLP Act: annual returns, financial statements, director filings and event-based forms.
Direct tax
Income tax return, advance tax, tax audit where applicable, and quarterly TDS returns with the certificates that follow.
Indirect tax
Monthly or quarterly GST returns, input credit reconciliation against GSTR-2B, and the annual return and reconciliation statement.
Foreign exchange
Reporting to the RBI for foreign investment received or made, including FC-GPR, FC-TRS, the FLA return and annual performance reports.
Our process
How we take over an entity's compliance.
Compliance audit
Establishing what the entity owes, what has been filed and what is pending or overdue.
Calendar build
Mapping every due date for the year with the inputs and owners required for each.
Execution
Preparing, reviewing and filing each return and form on schedule.
Status reporting
A periodic report showing what was filed, what is upcoming and where exposure remains.
Why compliance defaults get expensive
What sets our approach apart.
Some late fees have no ceiling
Additional fees on ROC forms accrue per day of delay without an upper cap, so an old default keeps growing until it is filed.
Directors carry personal exposure
Continued default in annual filings can lead to director disqualification under Section 164(2), which affects every company that person is on.
One gap breaks the chain
An unreconciled GST credit or an unfiled TDS return surfaces later as a notice, a disallowance or a stalled due diligence.
Compliance Overview questions answered
What people ask before engaging us.
Not sure what your entity owes?
We will run a compliance audit and give you the full list, including anything already overdue.
