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We offer the following filing services:
GST RETURNS
INCOME TAX RETURNS
STATUTORY FILINGS

What are Statutory Compliances and why do I need to follow them?

Adhering to statutory compliances is necessary for all big and small business set ups to keep their businesses safe from the legal trouble. Deep knowledge of statutory compliances is required to minimize the risk associated with the non-compliance of statutory requirements.

Every country has its own set of state and central labour laws that companies need to adhere with. Dealing with statutory compliance requires companies to be updated on all the labour regulations in their country.

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Statutory compliance is beneficial to all – employee, employer and the organisation.

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For employees – it makes sure that they receive fair treatment and get their dues on time. It also ensures that the working conditions for the employees are satisfactory and well managed.

As for the organisation and the employer – it maintains clarity of rules and regulations to fall back on. It also saves the organisation from penalties and legal actions. And in turn, creates a trustworthy and safe environment.

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In today’s competitive and legal business world, it is very challenging for employers to manage statutory compliances without a compliance expert of payroll management software. We at JKR offer a solution for your compliance and payroll needs.

Statutory
WHY SHOULD YOU FILE GST RETURNS & INCOME TAX?

Why should I file GST Returns for my business?

  1. Avoid Penalty – Failing to file GST Returns on time will attract a penalty of INR 200 per day and maximum up to INR 5000 of each return 

  2. Avoid Registration Cancellation – To be worst if you don’t file GST Returns on time your certificate might get cancelled. 

  3. Better Relationship with your prospects – Filing GST Returns on time will let your customers claim input credit smoothly hence maintain a healthy relationship with good prospects  

  4. Better Compliance Rating – Government of India has proposed to start the compliance rating system under which scorecard of every GST registrant shall be maintained. As a matter of fact, timely GST return filing is one of the key factors to compute such rating.   

  5. Ease of availing loan – Evidently, timely and accurate GST Return filing helps a taxpayer a lot while applying for loans from a bank or financial institutions. The Banks ascertain a taxpayer’s credibility on the basis of his GST Returns. 

  6. E-Waybill generation – In order to compel the businesses for regular compliance and GST return filing, the finance ministry has now restricted E-Way bill generation for transportation of goods, in case the trader has not filed GST returns for 2 successive months.

GST

Why should I pay Income Tax for my business?

The Income Tax Act has introduced various penalties for evading Income Tax in India. According to the Act, Income Tax evasion shall be treated as a punishable offence and can attract severe penalties.  With the advancement in technology, compliance with respect to income tax payment is being tracked more accurately by the Income Tax Department. Further, penalties for non-compliance have also been increased to widen the tax base and increase tax revenue. Hence, it is recommended income tax compliance should be taken seriously by all individuals and entrepreneurs. 

ITR
  • DIR-3KYC
    Application for KYC of Directors & change in details of KYC. Includes DIR-6
  • DIR-12
    Particulars of appointment of Directors and the key managerial personnel and the changes among them
  • INC-20A
    Declaration for commencement of business
  • INC-22
    Notice of situation or change of situation of registered office
  • PAS-3
    Return of allotment
  • SH-7
    Notice to Registrar of any alteration of share capital
  • ADT-3
    Notice of Resignation by the Auditor
  • BEN-2
    Return to the Registrar in respect of declaration under section 90
  • CHG-1
    Application for registration of creation, modification of charge (other than those related to debentures)
  • CHG-4
    Satisfaction of charge
  • CSR-1
    Registration of Entities for undertaking CSR Activities
  • DIR-3
    Application for allotment of Director Identification Number before appointment in an existing company
  • INC-28
    Notice of Order of the Court or any other competent authority
  • MGT-6
    Filing of Resolutions and agreements to the Registrar
  • STK-2
    Application by company to ROC for removing its name from register of Companies
  • AOC-4
    Form for filing financial statement and other documents with the Registrar Includes AOC-4 CFS.
  • AOC-4 NBFC IND-AS
    Form for filing financial statement and other documents with the Registrar for NBFCs Includes AOC-4NBFC IND-AS, AOC-4 NBFC IND-AS CFS
  • ADT-1
    Information to the Registrar by Company for appointment of Auditor
  • DPT-3
    Return of deposits
  • PAS-6
    Reconciliation of Share Capital Audit Report (BI-ANNUAL FILING) Only applicable to Unlisted Public cos.
  • MGT-7
    Form for filing annual return by a company. Includes MGT-7A
  • MGT-14
    Filing of Resolutions and agreements to the Registrar
  • MGT-15
    Form for filing Report on Annual General Meeting. Only applicable to Listed Public cos.
  • MSME-1
    Form for furnishing half yearly return with the registrar in respect of outstanding payments to Micro or Small Enterprise.
  • FORM 8
    ANNUAL FILING - Statement of Account & Solvency
  • FORM 11
    ANNUAL FILING - Annual Return of Limited Liability Partnership (LLP)
  • FORM 3
    Information with regard to limited liability partnershipagreement and changes, if any, made therein
  • FORM 4
    Filed for Admission of Partners, Resignation of Partners, Retirement of Partners, and Change in Partners.
  • FORM 5
    Change of Name of LLP
  • FORM 15
    Notice for Change of place of Registered Office
  • FORM 24
    Application for striking off name of Limited Liability Partnership (LLP)
Forms
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