Housing Society Compliance Planner | CA Vijay Singh & Co
Vijay R Singh & Co · Chartered Accountants

Housing Society Compliance Planner — Your Year of Audit, AGM, Tax & Building Dates

For Maharashtra co-operative housing societies. Enter your fixed deposits to see the real return your society is earning — and get a personalised calendar of every committee meeting, audit, AGM, tax and safety deadline, dropped straight into your phone with reminders.

Free · No sign-up · Reminders into Google, Apple & Outlook Calendar
Key statutory references for a co-operative housing society
ComplianceReferenceWhen
Annual General MeetingMCS Act 1960, s.75Within 6 months of year-end (by 30 Sep)
Annual returns to RegistrarMCS Act 1960, s.79Within 6 months (by 30 Sep)
Statutory auditMCS Act 1960, s.81Each co-operative year
Income-tax return (ITR-5)Income-tax Act, 202531 Jul / 31 Oct (if tax audit)
Fire safety (Form B)Maharashtra Fire Act 2006Half-yearly (Jan & Jul)
Co-operative year runs 1 April – 31 March. Section references are indicative; confirm the current position with your auditor or the Registrar before acting.

1Your society & co-operative year

For your printout (optional)
1 April – 31 March

2Fixed deposits held by the society

Add each fixed deposit the society holds. We’ll show the real return it is earning and drop each maturity date into your calendar — add as many as you like.

3What applies to your society

Else we use “by 30 Sep”

4Building & safety (Maharashtra)

To project the next one
Elections due
Leave a date blank to skip that reminder. Structural-audit cycle: every 5 years (15–30 yr building) / every 3 years (over 30 yr) — confirm against your municipal corporation & Model Bye-law 77.

Your fixed deposits — the real return you are earning

The effective annualised yield reflects compounding over the actual days invested. Interest on FDs with non-member banks is taxable in the society’s hands; the bank deducts TDS, which the society can claim. Confirm tax treatment with your auditor.

Your compliance calendar

Registers the society must maintain

  • Register / List of Members (Form I & J)
  • Share Register & certificate record
  • Nomination Register
  • Property / “I” Register
  • Minutes Book — General Body
  • Minutes Book — Managing Committee
  • Cash Book
  • General Ledger
  • Members’ (Personal) Ledger
  • Sinking Fund Register
  • Repair & Maintenance Fund Register
  • Investment Register (FDs)
  • Audit Rectification Register (Form “O”)
  • Register of Disputes
  • Inward & Outward Register
  • Dead Stock / Fixed Asset Register
  • Receipt & Voucher files
  • Bank Pass-book / Statements file
The exact list applicable to your society is confirmed during the statutory audit. Register names per MCS Rules / Model Bye-laws — verify the current forms.

Want the audit and filings handled, not just scheduled?

We conduct the statutory audit, file the Registrar returns and the society’s income-tax return, and keep your committee on top of every deadline.

Book a 15-minute call
© 2026 Vijay R Singh & Co · Chartered Accountants · Andheri East, Mumbai · info@cavijaysingh.com

Frequently asked questions

When must a co-operative housing society hold its AGM?

Within six months of the close of the co-operative year, i.e. by 30 September each year, under Section 75 of the Maharashtra Co-operative Societies Act, 1960. The audited accounts are placed before the AGM and the statutory auditor is appointed from the Registrar’s approved panel.

What is the audit requirement for a housing society?

Every society must have its accounts audited each co-operative year under Section 81 of the MCS Act, 1960. After the audit, the committee files the audit rectification report (Form “O”) and submits the annual returns to the Registrar under Section 79.

Does a housing society pay income tax on FD interest?

Yes. Interest earned on fixed deposits with banks that are not members of the society is taxable in the society’s hands and is filed in ITR-5. The bank deducts TDS, which the society claims in its return. Maintenance collected from members is generally governed by the principle of mutuality.

When does GST apply to a housing society?

GST applies only if the monthly maintenance charged per member exceeds Rs 7,500 and the society’s aggregate annual turnover crosses Rs 20 lakh. If both tests are met, the society registers and files GST returns; otherwise it is outside GST.

What are the fire and lift compliances for a society building?

Societies in buildings requiring a fire NOC submit Form B to the fire authority twice a year (around January and July) under the Maharashtra Fire Prevention and Life Safety Measures Act, 2006. A building with a lift renews its lift licence annually under the Maharashtra Lifts Act. Older buildings also require periodic structural audits.

© 2026 Vijay R Singh & Co., Chartered Accountants | FRN 136869W | M.No. 153926 | +91 98607 23959 | info@cavijaysingh.com | Andheri East, Mumbai 400069

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