OPC Compliance

**ABOUT THE SERVICE** All three packages cover the annual statutory audit, ROC annual filing and company income tax return of one existing One Person Company (OPC) for one financial year. The package is selected according to annual turnover: - Basic — up to ₹20 lakh. - Standard — above ₹20 lakh and up to ₹50 lakh. - Premium — above ₹50 lakh and up to ₹1 crore. **BOOKKEEPING IS NOT INCLUDED** The customer must provide complete, maintained books of account, trial balance, sales and purchase details, invoices, bank statements, expense records, asset and loan schedules, and other required supporting documents. We will review and reconcile the records provided, perform the agreed statutory audit, prepare the required audited financial statements and complete the included ROC and income tax filings. The package does not cover creating books from scratch, daily accounting, posting missing transactions into ledgers or rebuilding incomplete accounting records. If records are incomplete, any bookkeeping or reconstruction work will be quoted separately before proceeding. **BASIC PLAN — TURNOVER UP TO ₹20 LAKH** Includes a review of client-provided financial records, summary sales/purchase and bank reconciliation, annual statutory audit by an eligible practising Chartered Accountant, AOC-4 financial statement filing, MGT-7A annual return filing and the company's income tax return, normally ITR-6. The applicable normal, on-time government filing fees for AOC-4 and MGT-7A are included. **STANDARD PLAN — TURNOVER ABOVE ₹20 LAKH TO ₹50 LAKH** Includes all Basic services, plus detailed matching of GST sales against GSTR-1 and GSTR-3B, purchase ITC against GSTR-2B where GST-registered, income tax credits against AIS/Form 26AS, and review of fixed assets, depreciation and year-end balances. Tax audit under income-tax law is not included. Where a separate tax audit is legally required, its professional fee will be quoted separately. **PREMIUM PLAN — TURNOVER ABOVE ₹50 LAKH TO ₹1 CRORE** Includes all Standard services, plus invoice-wise GST reconciliation and mismatch reporting for one GSTIN, checking of debtor and creditor balances, advances, loan and interest balances, director-related balances, detailed year-end tax workings and one reasonable pre-filing correction round. Premium is still an annual statutory audit, ROC and income tax filing package. It does not include monthly bookkeeping or GST/TDS return filing. **STATUTORY AUDIT VS TAX AUDIT** The Companies Act statutory audit is included in all three plans, regardless of the OPC's turnover. The audit must be undertaken and signed by an eligible independent practising Chartered Accountant, with UDIN as applicable. A separate income-tax audit is excluded from all three plans. Its applicability depends on the law for the relevant tax year, business or professional activity, turnover, cash transaction conditions and other applicable criteria. The TaxQue package turnover limits are pricing bands, not statutory tax-audit thresholds. **GOVERNMENT FEES INCLUDED \*** Normal, on-time MCA/ROC filing fees for one AOC-4 and one MGT-7A for the selected financial year are included in every plan. Late filing fees, additional ROC fees, penalties, resubmission charges where separately levied, other statutory forms, director or nominee changes, auditor appointment changes, and any other government payments are not included. Income tax payable, advance tax, interest, GST, TDS and other statutory liabilities remain payable by the customer. **DELIVERY TIMELINE** Basic: 7–10 working days. Standard: 10–15 working days. Premium: 12–18 working days. The timeline starts after receiving complete books, trial balance, supporting statements, sales and purchase data, GST details where applicable, tax information and all customer approvals. These estimates cover preparation, reconciliation, audit completion and filing work where the statutory forms are open and due. Additional CA audit queries, missing records, material discrepancies, portal problems or authority processing may extend the timeline. **REQUIRED DOCUMENTS** Please provide the company's CIN, financial-year records, complete trial balance and ledgers, sales and purchase data, invoices, expense details, bank statements, cash-book records, fixed-asset register, stock records where applicable, loan and creditor/debtor statements, previous audited accounts, last ITR, applicable GST returns, AIS/Form 26AS and tax payment details. **CLIENT RESPONSIBILITIES** The customer is responsible for maintaining accurate books, providing all sales and purchase records, confirming outstanding balances and approving the audited financial statements and tax computations. The statutory auditor may request additional documents, explanations and confirmations. Unsupported balances and inaccurate statements cannot be certified. **SERVICES NOT INCLUDED** Bookkeeping, preparation of missing historical ledgers, separate income-tax audit, GST return filing, TDS return filing, GST annual returns, GST or income-tax notice replies, tax litigation, old pending-year filings, additional MCA forms, changes to company records, fresh DSC purchase and other unrelated compliance services are excluded. **APPROVAL AND FILING** The package covers one OPC and one financial year only. Statutory filing deadlines continue to apply regardless of package processing times. TaxQue will prepare the applicable filings and provide available filing acknowledgements, but cannot guarantee departmental acceptance without queries or waive late fees caused by missing or delayed records.