Compliance & Audit Checker

For Financial Year 2024-25 (Assessment Year 2025-26)

1. About Your Entity

Type of Entity

Is this a Limited Liability Partnership (LLP)?

Nature of Activity

Business Profession Both

2. Annual Financial Figures (₹)

Total Annual Turnover i Total sales or gross receipts from business activities for the financial year (1 Apr 2024 - 31 Mar 2025).

Total Gross Receipts (Profession)

Paid-up Share Capital i The total amount received from shareholders in exchange for shares of stock.

Outstanding Loans/Borrowings i Total amount borrowed from banks or financial institutions that has not yet been repaid.

3. Other Details

Number of Employees

Are you already registered under GST?

Primary Supply for GST:

Goods Services

Do you make payments subject to TDS? i E.g., Salary, Rent (>₹2.4L/yr), Professional Fees (>₹30k/yr), Commission, etc.

Cash receipts AND payments are each less than 5% of their totals?

Opted for Presumptive Taxation? i Scheme under Sec 44AD/44ADA allowing income declaration at a prescribed rate, avoiding detailed bookkeeping.

Declaring profits lower than the presumptive rate?

Is the company listed on a stock exchange?

Are you a manufacturer operating from a factory?

Do you receive/make foreign investments (FDI/ODI)?

Is the entity a Bank, NBFC, or Insurance Company?

Is it a registered Charitable Trust/Institution?

Receives foreign contributions (FCRA registered)?