“Comprehensive guide to ITR filing for Private Limited Companies in Kerala. Know the documents required, filing deadlines, and compliance essentials for hassle-free tax submission.”
Complete Your ITR Filing
Ready Your ITR Filing For Pvt Ltd with Auriga Accounting
Auriga Accounting has a team of registration experts who can provide complete guidance to register your ITR Filing For Pvt Ltd In Kerala.
Our team of experts will get in touch with you and collect all necessary documents and details
We fill out and file your application for ITR Filing
Ready Your ITR Filing For Pvt Ltd In Kerala
Auriga Accounting has a team of registration experts who can provide complete guidance to register your ITR Filing For Pvt Ltd In Kerala.
Our team of experts will get in touch with you and collect all necessary documents and details
We fill out and file your application for ITR Filing
Ready Your ITR Filing For Pvt Ltd In Kerala
“Every Private Limited Company in Kerala must file Income Tax Returns (ITR) annually, irrespective of profit or loss. This process ensures accurate reporting of income, expenses, deductions, and taxes as per the Income Tax Act, 1961. Timely filing not only avoids penalties but also strengthens financial credibility and upholds corporate transparency.”
“At Auriga Accounting, we simplify business income tax return filing in India. With expert guidance and our advanced LEDGERS tax filing software, we make the process seamless, accurate, and fully compliant. Whether you’re a growing startup or an established enterprise, we help you meet deadlines, avoid penalties, and focus on scaling your business—without the stress.”
Filing an Income Tax Return (ITR) is a statutory requirement for every Private Limited Company under the Income Tax Act, 1961, irrespective of profit, loss, or even no business activity. Timely filing helps avoid penalties, interest, and compliance issues. It also allows companies to carry forward business losses and depreciation, providing valuable tax benefits in future years. Consistent ITR filing enhances financial credibility and builds trust with banks, investors, and regulatory authorities. Moreover, it opens doors to loans, government tenders, subsidies, and state-level incentives, reflecting sound governance and financial discipline.
Avoids Penalties & Interest – Saves the company from hefty late fees, interest charges, and legal complications.
Ensures Full Compliance – Keeps the business aligned with the provisions of the Income Tax Act and Companies Act.
Eases Loan & Funding Approvals – Builds financial credibility, making it easier to secure loans, attract investors, and gain credit facilities.
Carry Forward of Losses – Enables the company to carry forward losses and unabsorbed depreciation for set-off in future years.
Boosts Business Credibility – Demonstrates transparency and accountability, strengthening trust with stakeholders and clients.
Quick Tax Refunds – Ensures timely processing of returns and faster credit of eligible tax refunds.
Essential for Tenders & Contracts – Many government tenders and corporate contracts mandate timely ITR filing as a prerequisite.
Company PAN & Incorporation Certificate – Essential for company identification and verification.
Audited Financial Statements – Includes Balance Sheet, Profit & Loss Account, Cash Flow Statement, and Notes to Accounts.
Audit Report (if applicable) – Form 3CA/3CB along with Form 3CD as required under the Income Tax Act.
Bank Statements – Complete set of bank account statements for the financial year.
Income & Expense Records – Detailed statement of revenue, purchases, operational costs, and other financial transactions.
TDS Certificates (Form 16A/16B/16C) – Evidence of tax deducted at source on payments received.
GST Returns (if applicable) – Copies of GSTR-1, GSTR-3B, and reconciliation reports.
Previous Year’s ITR – For reference and to carry forward losses or unabsorbed depreciation.
Other Registrations & Licenses – Sector-specific approvals or registrations (e.g., FCRA, 80G, etc., where applicable).
Surcharge:
Statutory Audit (Mandatory for All Pvt. Ltd. Companies)
Every Private Limited Company is required to conduct a statutory audit annually, regardless of turnover, profit, or capital.
The audit must be performed by a qualified Chartered Accountant (CA).
The auditor reviews the company’s financial statements—Balance Sheet, Profit & Loss Account, and Cash Flow Statement—to ensure accuracy and compliance with accounting standards.
The auditor’s report must be filed with the Registrar of Companies (ROC) in Form AOC-4 within 30 days of the Annual General Meeting (AGM).
Tax Audit (If Applicable)
Required if the company’s turnover exceeds the prescribed limit under Section 44AB of the Income Tax Act.
The appointed auditor is responsible for filing Form 3CB and Form 3CD with the Income Tax Department.
Industry-Specific Audits
Companies in regulated sectors such as banking, insurance, and NBFCs are subject to additional audit requirements.
These audits must be carried out in accordance with guidelines issued by regulators such as the RBI and IRDAI.
Other Compliance Audits
Based on the nature of business, companies may also be required to undergo GST audits and other sector-specific compliance checks.
Such audits ensure adherence to all statutory and regulatory obligations.
Step 1: Obtain Digital Signature Certificate (DSC): The company’s authorized signatory must have a valid DSC to electronically sign and file the ITR.
Step 2: Gather Financial Records: Collect all relevant documents, including audited financial statements, bank statements, GST returns, TDS certificates, and details of income and expenses.
Step 3: Finalize Financial Statements: Ensure the Balance Sheet, Profit & Loss Account, and Cash Flow Statement are prepared, finalized, and duly audited by a Chartered Accountant (CA).
Step 4: Prepare Tax Audit Report (if applicable): If the company’s turnover exceeds the threshold under Section 44AB of the Income Tax Act, the CA must prepare and upload the audit report in Form 3CA/3CB and Form 3CD.
Step 5: Log in to the Income Tax Portal: Access the official e-filing portal www.incometax.gov.in using the company’s PAN credentials.
Step 6: Choose the Correct ITR Form: Private Limited Companies (other than those claiming exemption for charitable/religious purposes) must file ITR-6.
Step 7: Enter Return Details: Accurately provide company details, income, expenses, deductions, and tax liability information in the return form.
Step 8: Upload Audit Reports: Attach the Tax Audit Report (if applicable) along with statutory audit details.
Step 9: Validate and Submit the Return: Thoroughly review all entries, then submit the ITR using the company’s Digital Signature Certificate (DSC).
Step 10: Download Acknowledgment: After submission, download and save the ITR-V acknowledgment for company records and compliance tracking.
Auriga provide expert services which can get your new business off to a flying start. We are Compliance for your business. Here you get simple and affordable online company registration and range of essential services. A world class technology – driven platform, offering end to end service from startup to well established firm.
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