ITR Filing For Pvt Ltd In Maharashtra

Statutory Audit (Companies Act, 2013): Every Private Limited company registered in Manipur must undergo a statutory audit every financial year, regardless of its turnover, profit, or capital base.
The audit must be carried out by a Chartered Accountant (CA) appointed as the statutory auditor.
The auditor reviews the company’s books of accounts, checks the accuracy of financial statements, and issues a formal audit report, which is filed with the Registrar of Companies (ROC) along with annual returns.

Tax Audit (Income Tax Act, 1961): A tax audit is mandatory if the company’s business turnover exceeds ₹1 crore or if professional receipts are above ₹50 lakh (as per Income Tax rules).
Where 95% or more transactions are digital, the turnover threshold increases to ₹10 crore.
The CA prepares and files the Tax Audit Report in Form 3CA/3CB and 3CD, which must be submitted along with the company’s Income Tax Return (ITR).

GST Audit (if applicable): Companies registered under GST in Manipur must undergo a GST audit if their annual aggregate turnover crosses the prescribed limit.
In addition, the GST Department may conduct departmental or special audits to verify the accuracy of GST records and ensure compliance with law.

Other Specific Audits: Based on industry type and business scale, additional audits may be applicable:

• Cost Audit – Required for specified manufacturing/production companies where cost records are mandated.

• Secretarial Audit – Applicable to certain classes of companies to ensure compliance with company law and corporate governance standards.

• Internal Audit – Compulsory for larger companies exceeding prescribed turnover or loan thresholds, helping strengthen internal controls and risk management.