1. Clean Up Past Compliance
- File all pending ITRs and tax audit reports.
- Clear old TDS mismatches and demands where possible.
2. Share Capital and Valuation
- Ensure proper documentation for valuation reports.
- Check implications of angel tax-type provisions if applicable.
3. ESOP and Employee Tax Matters
- Review ESOP scheme structure.
- Understand TDS / perquisite implications for employees.
4. Ongoing Compliance Post-Funding
- Track utilisation of funds vs business plan.
- Keep Board and investor reporting aligned with tax and financials.
5. Work With Advisors
- Coordinate between CA, CS, and legal counsel.
- Keep a single source of truth for cap table and tax positions.
