Filing Services

The term refers to the Registrar of Companies, a governmental body in charge of registering all companies and with the ability to monitor compliance with the statutory set requirements. The ROC ensures that Indian companies make annual returns and file their financial statements. ROC forms an imperative institution that helps uphold the legal framework of corporate governance by systematically maintaining a record of company formations, changes, or transformations of company structure, and more corporate actions. Like maintaining company compliance. Exercises proper corporate governance. Maintains the records of registered companies.

The ROC filing Delhi at Sap Tax Hub LLP, a leading CA Firm in Delhi NCR, has aids that help complete the statutory compliances hassle-free for business entities.

Filing of annual returns with ROC: Failure to file annual returns would attract heavy penalties to the business. The Companies Act prescribes the payment of a penalty of Rs.100 for each day of default till the return is filed. However, for companies which continue not to comply, this penalty could go further to include disqualification for directors. It might lead to extreme intervention in business operations, and in some extreme cases, the company may even face a strike-off from the register. For assistance, consider consulting the Best CA Firm in Delhi.

• ₹100 per day of delay.
• Removal of directors
• Penalty on the company

The annual return involves electronic filing of e-forms, such as MGT-7 for Annual Return and AOC-4for Financial Statements of Company. Such forms provide company-specific information on the financial performances as well as its shareholder profile for the year. These returns are to be filed on the MCA portal, and all those companies who are registered under the Companies Act have to file an annual return under this act. The filings should be done within some specific time frame to avoid penalties.

• MGT-7 for annual return.
• AOC-4 for financial statements.
• Filed through the electronic portal for the MCA.

Sap Tax Hub LLP supports all aspects of ROC Filing, and e-forms are submitted within time and as per regulation in the ROC. Additionally, hiring a Chartered Accountant in Delhi can ensure that all filing processes comply with the necessary regulations.

A TDS return is a return that needs to be filed by a deductor who withholds tax at source from the payments, which could be salaries, interest, dividends, and other kinds of income. TDS returns need to be filed every quarter. They have all the details in relation to the deductor, the deductee, the amount of tax deducted, and the nature of payment.

• It ensures tax compliance.
• helps collect tax at the earliest stage possible
• filed using various forms depending on the nature of the payment.

At Sap Tax Hub LLP, one of the top CA firms in Delhi NCR, we help businesses file TDS filing on time to ensure compliance with government regulations.

Any employer, company, or other entity in Delhi that deducts tax at source is permitted to file returns on the same. A tax return accountant in Delhi would help with the process. Availing of TDS Filing Services in Delhi assures accurate filing. TDS Filing Services in India cover all entities eligible under one umbrella, extending complete support so they discharge related tax obligations.

A TDS Certificate is a certificate issued by a tax deductor to the deductee as evidence of the fact that he has deducted the tax amount from the deductee and paid the same amount to the government. It is issued in the form of Form 16 in respect of salary payments, and in the form of Form 16A in respect of non-salary payments. The certificate will be mentioning the paid amount, the TDS deducted, along with the TAN and PAN of the deductor and deductee, respectively.

• Proof of tax deducted and deposited.
• This is to be made compulsory for income tax returns.
• Savings from double taxation

Sap Tax Hub LLP helps its clients with the filing of correct TDS Certificates so that they face no hassle during the enforcement of compliance and record keeping. For expert assistance, consult a Chartered Accountant in Delhi.

Form 24Q: is the form whereby TDS returns from salary payment. Returns from the employer in terms of salary paid to employees together with TDS deducted from payments. The information that would be included during submission would include PAN, amount paid, and TDS amount in respect of employees. If the information was not provided fully, discrepancies would occur.

• It was submitted by employers.
• The reports of employee salary and TDS.
• Filed quarterly.

For assistance with TDS filings, you can consult the Best CA Firm in Delhi.

Form 26Q is the TDS return filed in case of a payment other than salaries. It includes interest, Contractor payments, rent, etc. The return is to be filed in every quarter and gives details about the amount paid, the tax deducted, and the PAN details of the payee. Thus, it is accounted for all the non-salary payments made by a business and TDS is deducted correctly in all cases.

• Filed for payment other than salary.
• Contains contract labor, rent, and interest payments.
• PAN details of payees are to be maintained.

To handle TDS Filing in Delhi, business organizations will find Sap Tax Hub LLP resourceful to handle the needs of form 26Q filing. As a reputable Chartered Accountant Firm in Delhi, we ensure compliance and accuracy in your TDS returns.

Form 27Q is for depositing TDS on remittances paid to non-residents or foreign entities. These would include interests, dividend, or royalty income paid. Any payment to a non-resident must carry taxes deducted correctly in order to be in line with Indian tax rules. PAN, passport number of the non-resident, amount paid, and the tax deducted must be included in the form.

• It can be used for payments to non-residents.
• Quarterly Returns Requirements
• It will have details of the non-resident and the amount paid.

Form 27EQ is a return filed to report Tax Collected at Source. Such Tax Collection at Source has been statutorily provided with respect to sales like sale of liquor, timber, and other specified goods. Such sellers are required to collect tax during the course of such sales. The tax so collected will have to be reported in the Form 27EQ, which is filed quarterly. This is done so that all the TCS received by a firm is shown and paid to the government. The form has details of the buyer and the tax collected.

• It is filed for TCS collected on specific goods.
• It requires showing details of the buyer and the transaction.
• Proper reporting of the TCS collected is assured.

Filing your TDS returns within due dates is crucial to avoid late submission of return penalties. TDS returns are to be submitted quarterly by the following due dates:

• April-June (Q1): On or before July 31st
• July-Sept (Q2): On or before Oct 31
• Oct-Dec (Q3): On or before Jan 31
• Jan-Mar (Q4): On or before May 31

Failure to meet such deadlines attracts a penalty of ₹200 per day. These are hard deadlines where in failure or infringement of law is not accepted. While registering with Sap Tax Hub LLP, businesses are not at the risk of being penalised due to delay in meeting deadlines regarding TDS Filing.

Failure to file TDS returns in time attracts severe penalties. The charge for delay filing is ₹200 per day till the return is filed. This may also go up to ₹1,00,000 if the TDS return has not been filed within the stipulated period. Even non-filing may attract interest on the deposited tax amount and could, in extreme cases, lead to prosecution.

• Charge for late payment;
• Amounts to ₹200 per day of delay.
• Deduction of penalty up to ₹1,00,000
• Interest on unpaid tax;

We have the best TDS Filing services, which can help you avoid penalties, through Sap Tax Hub LLP.