The basics of annual tax filing for startups – due dates and more

The basics of annual tax filing for startups – due dates and more

 

If you are a business owner, September 30 and October 30 are two important dates for you.  September 30 is the due date for filing the Income Tax Return for your company, whereas  October 30 is the due date for filing the annual financial statements with the Registrar of Companies (RoC). They are more crucial if you are a VC/Angel funded startup or looking for such third party investment. A zero non-compliance business environment is the pre-requisite for this.

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Alok Patnia written this article on yourstory.com explaining the amendments incorporated and reason why you should prefer Private Limited Company.

 

Alok Patnia, CEO of Taxmantra.com has been actively involved in the start-up sector of India. He has been advising and mentoring a huge number of start-ups by providing them with necessary hand holding with regards to various issues like Entity Structuring, Funding, Tax and Regulatory compliances and allied issues. He is great insights on the business starting-up and maintenance issues. He is a qualified Chartered Accountant having post qualification exposure with Ernst and Young and KPMG at Bangalore……….

Read more at: Yourstory.com