What is Annual Filing for Companies in India?

Annual filing is a mandatory compliance process for all companies registered under the Companies Act, 2013 Every company—whether Private Limited Company, Public Limited Company,One Person Company (OPC), or Section 8 Company—must file its annual return with MCA and income tax return with Income Tax Department.

Failure to file annual returns on time may lead to penalties, late fees, and even disqualification of directors.

Who Needs to File Annual Returns?

Private Limited Companies
Public Limited Companies
One Person Companies (OPC)
Section 8 Companies (NGOs/Non-profits)
Dormant Companies (even with no income)

Annual General Meeting (AGM) Requirements

All companies except OPCs must conduct an Annual General Meeting (AGM).
First AGM: Within 18 months of incorporation OR 9 months from the end of the first financial year.
Subsequent AGMs: Within 6 months from the close of every financial year.
Due Date for Filing: On or before 30th September every year.

Annual Filing Forms & Compliance Requirements

Form MGT-7 - Annual Return
- Covers company’s financial and non-financial information such as:
- Balance Sheet & Profit & Loss Account
- Compliance Certificate & Registered Office Address
- Shareholding Structure & List of Shareholders
- Transfer/Transmission of Shares
- Share & Debenture Details
- Changes in Directorship
Form MGT-8 - Certification of Annual Return
- Applicable for:
- Must be certified by a Company Secretary in Practice.
Form ITR-6 - Company Income Tax Return
- Filed irrespective of profit, loss, or zero income.
- Due Date: 30th September every year.

Penalties for Non-Compliance

Late Fees: ₹100 per day until filing is completed.
Director Disqualification: If defaults continue for three consecutive years.
Company Strike-off: For prolonged non-compliance.

Staying compliant saves businesses from unnecessary financial burden and legal risks.

Why Annual Filing is Important?

Maintains company’s legal status & active status
Builds trust & credibility with stakeholders
Ensures transparency & corporate governance
Avoids hefty penalties & disqualification
Helps in raising funds & investor confidence

How Professional Utilities Helps with Annual Filing

We provide end-to-end compliance services for businesses across India:

Financial Statement Preparation
Secretarial & ROC Compliance Services
MCA Annual Return Filing (MGT-7 & MGT-8)
Income Tax Return Filing (ITR-6)
Cloud-Based Compliance Management

Process for Company Annual Filing

Consultation with Expert – Get free guidance.
Document Collection – Submit necessary financial records.
Preparation of Returns – Drafting by compliance professionals.
Filing with MCA & Income Tax Department.
Post-Filing Support & Compliance Advisory

Documents Required for Annual Filing

Certificate of Incorporation
MOA & AOA of Company
Audited Financial Statements
List of Directors & Shareholders
Board Resolutions (if applicable)
Digital Signature Certificate (DSC) of Director

Frequently Asked Questions

Is annual filing mandatory for all companies?

Yes, every registered company must file annual returns, including dormant companies.

What is the due date for annual return filing?

On or before 30th September every year.

Can an OPC skip AGM?

Yes, OPCs are exempt from holding AGMs.

What was the role and scope of a Chartered Accountant in online AGMs during the COVID-19 era?

The role and scope of a Chartered Accountant in online AGMs during the COVID-19 era included ensuring compliance with MCA guidelines, verifying financial statements, assisting in e-voting procedures, maintaining audit transparency, and supporting companies in conducting legally valid virtual AGMs amid pandemic-related restrictions.

Speak Directly to our Expert Today

Reliable

Affordable

Assured