{"id":1230,"date":"2025-04-01T19:58:03","date_gmt":"2025-04-01T14:28:03","guid":{"rendered":"https:\/\/societyonclick.com\/blog\/?p=1230"},"modified":"2025-04-01T20:17:04","modified_gmt":"2025-04-01T14:47:04","slug":"housing-society-tasks-due-dates-april-to-october","status":"publish","type":"post","link":"https:\/\/societyonclick.com\/blog\/housing-society-tasks-due-dates-april-to-october\/","title":{"rendered":"Housing Society Tasks &amp; Due Dates (April to October)"},"content":{"rendered":"<p>[et_pb_section fb_built=&#8221;1&#8243; _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; background_color=&#8221;#0b2542&#8243; custom_margin=&#8221;||0px||false|false&#8221; custom_padding=&#8221;15px||0px||false|false&#8221; background_color_tablet=&#8221;#0b2542&#8243; background_last_edited=&#8221;off|tablet&#8221; background_enable_color_tablet=&#8221;on&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_row _builder_version=&#8221;4.19.2&#8243; _module_preset=&#8221;default&#8221; 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width_last_edited=&#8221;on|desktop&#8221; custom_margin=&#8221;10px||10px||true|false&#8221; custom_margin_tablet=&#8221;10px||10px||true|false&#8221; custom_margin_phone=&#8221;10px||10px||true|false&#8221; custom_margin_last_edited=&#8221;on|tablet&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_image][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;0px|0px|0px|0px|true|true&#8221; border_width_top=&#8221;2px&#8221; border_color_top=&#8221;#E09900&#8243; border_width_bottom=&#8221;2px&#8221; border_color_bottom=&#8221;#edb83d&#8221; border_style_bottom=&#8221;double&#8221; collapsed=&#8221;on&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; background_enable_image=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; text_font=&#8221;Raleway||||||||&#8221; header_font=&#8221;Quicksand|700|||||||&#8221; header_text_align=&#8221;left&#8221; header_text_color=&#8221;#0b2542&#8243; header_font_size=&#8221;1.8rem&#8221; header_line_height=&#8221;1.4em&#8221; header_2_font=&#8221;Quicksand|700|||||||&#8221; header_2_text_align=&#8221;left&#8221; header_2_text_color=&#8221;#0b2542&#8243; header_2_font_size=&#8221;1.8rem&#8221; header_2_line_height=&#8221;1.4em&#8221; custom_margin=&#8221;10px||10px||true|false&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h2>Bye-Laws No. 146a. Closing Every Financial Year within 45 Days<\/h2>\n<p>[\/et_pb_text][et_pb_text ol_type=&#8221;lower-latin&#8221; quote_border_weight=&#8221;3px&#8221; quote_border_color=&#8221;#072f54&#8243; _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; text_font=&#8221;Quicksand|500|||||||&#8221; text_text_color=&#8221;rgba(0,0,0,0.75)&#8221; text_font_size=&#8221;1.1rem&#8221; text_letter_spacing=&#8221;0.1px&#8221; text_line_height=&#8221;2em&#8221; ol_font=&#8221;Quicksand|500|||||||&#8221; ol_text_align=&#8221;justify&#8221; ol_text_color=&#8221;rgba(0,0,0,0.75)&#8221; ol_font_size=&#8221;1.1rem&#8221; ol_line_height=&#8221;1.4em&#8221; quote_font=&#8221;Gotham_Medium|600|||||||&#8221; quote_font_size=&#8221;18px&#8221; quote_letter_spacing=&#8221;0.1px&#8221; text_orientation=&#8221;justified&#8221; width_tablet=&#8221;&#8221; width_phone=&#8221;&#8221; width_last_edited=&#8221;on|desktop&#8221; custom_margin=&#8221;||10px||false|false&#8221; ol_text_align_tablet=&#8221;justify&#8221; ol_text_align_phone=&#8221;left&#8221; ol_text_align_last_edited=&#8221;on|phone&#8221; ol_font_size_tablet=&#8221;20px&#8221; ol_font_size_phone=&#8221;17px&#8221; ol_font_size_last_edited=&#8221;on|phone&#8221; text_orientation_tablet=&#8221;justified&#8221; text_orientation_phone=&#8221;left&#8221; text_orientation_last_edited=&#8221;on|tablet&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>The <strong>Co-operative Year<\/strong> in a housing society runs from <strong>April 1st to March 31st<\/strong>. After the financial year ends, the society must complete several essential tasks to ensure compliance with the Maharashtra Cooperative Societies (MCS) Act, 1960<\/p>\n<p>[\/et_pb_text][et_pb_text ol_type=&#8221;lower-latin&#8221; quote_border_weight=&#8221;3px&#8221; quote_border_color=&#8221;#072f54&#8243; _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; text_font=&#8221;Quicksand|500|||||||&#8221; text_text_color=&#8221;rgba(0,0,0,0.75)&#8221; text_font_size=&#8221;1.1rem&#8221; text_letter_spacing=&#8221;0.1px&#8221; text_line_height=&#8221;2em&#8221; ol_font=&#8221;Quicksand|500|||||||&#8221; ol_text_align=&#8221;justify&#8221; ol_text_color=&#8221;rgba(0,0,0,0.75)&#8221; ol_font_size=&#8221;1.1rem&#8221; ol_line_height=&#8221;1.4em&#8221; quote_font=&#8221;Gotham_Medium|600|||||||&#8221; quote_font_size=&#8221;18px&#8221; quote_letter_spacing=&#8221;0.1px&#8221; text_orientation=&#8221;justified&#8221; custom_margin=&#8221;0px||0px||true|false&#8221; custom_padding=&#8221;8px||0px||false|false&#8221; ol_text_align_tablet=&#8221;justify&#8221; ol_text_align_phone=&#8221;left&#8221; ol_text_align_last_edited=&#8221;on|phone&#8221; ol_font_size_tablet=&#8221;20px&#8221; ol_font_size_phone=&#8221;17px&#8221; ol_font_size_last_edited=&#8221;on|phone&#8221; text_orientation_tablet=&#8221;justified&#8221; text_orientation_phone=&#8221;left&#8221; text_orientation_last_edited=&#8221;on|phone&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>The <strong>Office Bearers<\/strong> of a cooperative housing society play a crucial role in managing its affairs. They often juggle multiple responsibilities along with their personal and professional commitments. Despite their busy schedules, they dedicate their time to ensuring smooth operations, handling member grievances, and complying with legal obligations. Hence, 3<strong>0 days of April<\/strong> are for the <strong>collection of data<\/strong>.<\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; module_id=&#8221;tochs&#8221; _builder_version=&#8221;4.19.5&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;17px||2px|||&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_row _builder_version=&#8221;4.19.5&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;6px|0px|3px|0px|false|true&#8221; border_width_bottom=&#8221;2px&#8221; border_color_bottom=&#8221;#edb83d&#8221; border_style_bottom=&#8221;double&#8221; collapsed=&#8221;on&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.17.4&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; text_font=&#8221;Raleway||||||||&#8221; header_font=&#8221;Quicksand|700|||||||&#8221; header_text_align=&#8221;left&#8221; header_text_color=&#8221;#0b2542&#8243; header_font_size=&#8221;1.8rem&#8221; header_line_height=&#8221;1.4em&#8221; header_2_font=&#8221;Quicksand|700|||||||&#8221; header_2_text_align=&#8221;left&#8221; header_2_text_color=&#8221;#0b2542&#8243; header_2_font_size=&#8221;1.8rem&#8221; header_2_line_height=&#8221;1.4em&#8221; custom_margin=&#8221;||2px|||&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h2>DATA COLLECTION \u2013 30 DAYS<\/h2>\n<p>[\/et_pb_text][et_pb_text ol_type=&#8221;lower-latin&#8221; quote_border_weight=&#8221;3px&#8221; quote_border_color=&#8221;#072f54&#8243; _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; text_font=&#8221;Quicksand|500|||||||&#8221; text_text_color=&#8221;rgba(0,0,0,0.75)&#8221; text_font_size=&#8221;1.1rem&#8221; text_letter_spacing=&#8221;0.1px&#8221; text_line_height=&#8221;2em&#8221; ol_font=&#8221;Quicksand|500|||||||&#8221; ol_text_align=&#8221;justify&#8221; ol_text_color=&#8221;rgba(0,0,0,0.75)&#8221; ol_font_size=&#8221;1.1rem&#8221; ol_line_height=&#8221;1.4em&#8221; quote_font=&#8221;Gotham_Medium|600|||||||&#8221; quote_font_size=&#8221;18px&#8221; quote_letter_spacing=&#8221;0.1px&#8221; text_orientation=&#8221;justified&#8221; custom_margin=&#8221;||10px||false|false&#8221; ol_text_align_tablet=&#8221;justify&#8221; ol_text_align_phone=&#8221;left&#8221; ol_text_align_last_edited=&#8221;on|phone&#8221; ol_font_size_tablet=&#8221;20px&#8221; ol_font_size_phone=&#8221;17px&#8221; ol_font_size_last_edited=&#8221;on|phone&#8221; text_orientation_tablet=&#8221;justified&#8221; text_orientation_phone=&#8221;left&#8221; text_orientation_last_edited=&#8221;on|phone&#8221; global_colors_info=&#8221;{}&#8221;]The following accounting data must be collected\/prepared, and verified to ensure an accurate balance sheet for a housing society[\/et_pb_text][et_pb_text ol_type=&#8221;lower-latin&#8221; quote_border_weight=&#8221;3px&#8221; quote_border_color=&#8221;#072f54&#8243; _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; text_font=&#8221;Quicksand|500|||||||&#8221; text_text_color=&#8221;rgba(0,0,0,0.75)&#8221; text_font_size=&#8221;1.1rem&#8221; text_letter_spacing=&#8221;0.1px&#8221; text_line_height=&#8221;2em&#8221; ol_font=&#8221;Quicksand|500|||||||&#8221; ol_text_align=&#8221;justify&#8221; ol_text_color=&#8221;rgba(0,0,0,0.75)&#8221; ol_font_size=&#8221;1.1rem&#8221; ol_line_height=&#8221;1.4em&#8221; quote_font=&#8221;Gotham_Medium|600|||||||&#8221; quote_font_size=&#8221;18px&#8221; quote_letter_spacing=&#8221;0.1px&#8221; text_orientation=&#8221;justified&#8221; custom_margin=&#8221;0px||0px||true|false&#8221; custom_padding_tablet=&#8221;&#8221; custom_padding_phone=&#8221;|12px||12px|false|true&#8221; custom_padding_last_edited=&#8221;on|phone&#8221; ol_text_align_tablet=&#8221;justify&#8221; ol_text_align_phone=&#8221;left&#8221; ol_text_align_last_edited=&#8221;on|phone&#8221; ol_font_size_tablet=&#8221;20px&#8221; ol_font_size_phone=&#8221;17px&#8221; ol_font_size_last_edited=&#8221;on|phone&#8221; text_orientation_tablet=&#8221;justified&#8221; text_orientation_phone=&#8221;left&#8221; text_orientation_last_edited=&#8221;on|phone&#8221; border_color_bottom=&#8221;rgba(0,0,0,0.25)&#8221; inline_fonts=&#8221;Gotham_Medium&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p><strong> ASSETS SECTION &#8211;<\/strong><\/p>\n<p>[\/et_pb_text][et_pb_text ol_type=&#8221;lower-latin&#8221; quote_border_weight=&#8221;3px&#8221; quote_border_color=&#8221;#072f54&#8243; _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; text_font=&#8221;Quicksand|500|||||||&#8221; text_text_color=&#8221;rgba(0,0,0,0.75)&#8221; text_font_size=&#8221;1.1rem&#8221; text_letter_spacing=&#8221;0.1px&#8221; text_line_height=&#8221;2em&#8221; ol_font=&#8221;Quicksand|500|||||||&#8221; ol_text_align=&#8221;justify&#8221; ol_text_color=&#8221;rgba(0,0,0,0.75)&#8221; ol_font_size=&#8221;1.1rem&#8221; ol_line_height=&#8221;1.4em&#8221; quote_font=&#8221;Gotham_Medium|600|||||||&#8221; quote_font_size=&#8221;18px&#8221; quote_letter_spacing=&#8221;0.1px&#8221; text_orientation=&#8221;justified&#8221; custom_margin=&#8221;0px||0px||true|false&#8221; custom_padding_tablet=&#8221;&#8221; custom_padding_phone=&#8221;|12px||12px|false|true&#8221; custom_padding_last_edited=&#8221;on|phone&#8221; ol_text_align_tablet=&#8221;justify&#8221; ol_text_align_phone=&#8221;left&#8221; ol_text_align_last_edited=&#8221;on|phone&#8221; ol_font_size_tablet=&#8221;20px&#8221; ol_font_size_phone=&#8221;17px&#8221; ol_font_size_last_edited=&#8221;on|phone&#8221; text_orientation_tablet=&#8221;justified&#8221; text_orientation_phone=&#8221;left&#8221; text_orientation_last_edited=&#8221;on|phone&#8221; border_color_bottom=&#8221;rgba(0,0,0,0.25)&#8221; inline_fonts=&#8221;Gotham_Medium&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>Documents related to:<br \/><strong>1. Bank &amp; Cash Balances<\/strong><br \/><strong>2. Investments<\/strong><br \/><strong>3. Loans &amp; Advances (Receivables\/Debtors)<\/strong><br \/><strong>4. Fixed Assets<\/strong><\/p>\n<p>[\/et_pb_text][et_pb_text ol_type=&#8221;lower-latin&#8221; quote_border_weight=&#8221;3px&#8221; quote_border_color=&#8221;#072f54&#8243; _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; text_font=&#8221;Quicksand|500|||||||&#8221; text_text_color=&#8221;rgba(0,0,0,0.75)&#8221; text_font_size=&#8221;1.1rem&#8221; text_letter_spacing=&#8221;0.1px&#8221; text_line_height=&#8221;2em&#8221; ol_font=&#8221;Quicksand|500|||||||&#8221; ol_text_align=&#8221;justify&#8221; ol_text_color=&#8221;rgba(0,0,0,0.75)&#8221; ol_font_size=&#8221;1.1rem&#8221; ol_line_height=&#8221;1.4em&#8221; quote_font=&#8221;Gotham_Medium|600|||||||&#8221; quote_font_size=&#8221;18px&#8221; quote_letter_spacing=&#8221;0.1px&#8221; text_orientation=&#8221;justified&#8221; custom_margin=&#8221;0px||0px||true|false&#8221; custom_padding_tablet=&#8221;&#8221; custom_padding_phone=&#8221;|12px||12px|false|true&#8221; custom_padding_last_edited=&#8221;on|phone&#8221; ol_text_align_tablet=&#8221;justify&#8221; ol_text_align_phone=&#8221;left&#8221; ol_text_align_last_edited=&#8221;on|phone&#8221; ol_font_size_tablet=&#8221;20px&#8221; ol_font_size_phone=&#8221;17px&#8221; ol_font_size_last_edited=&#8221;on|phone&#8221; text_orientation_tablet=&#8221;justified&#8221; text_orientation_phone=&#8221;left&#8221; text_orientation_last_edited=&#8221;on|phone&#8221; border_color_bottom=&#8221;rgba(0,0,0,0.25)&#8221; inline_fonts=&#8221;Gotham_Medium&#8221; global_colors_info=&#8221;{}&#8221;]<strong><br \/>\n<strong> LIABILITIES SECTION &#8211;<\/strong>[\/et_pb_text][et_pb_text ol_type=&#8221;lower-latin&#8221; quote_border_weight=&#8221;3px&#8221; quote_border_color=&#8221;#072f54&#8243; _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; text_font=&#8221;Quicksand|500|||||||&#8221; text_text_color=&#8221;rgba(0,0,0,0.75)&#8221; text_font_size=&#8221;1.1rem&#8221; text_letter_spacing=&#8221;0.1px&#8221; text_line_height=&#8221;2em&#8221; ol_font=&#8221;Quicksand|500|||||||&#8221; ol_text_align=&#8221;justify&#8221; ol_text_color=&#8221;rgba(0,0,0,0.75)&#8221; ol_font_size=&#8221;1.1rem&#8221; ol_line_height=&#8221;1.4em&#8221; quote_font=&#8221;Gotham_Medium|600|||||||&#8221; quote_font_size=&#8221;18px&#8221; quote_letter_spacing=&#8221;0.1px&#8221; text_orientation=&#8221;justified&#8221; custom_margin=&#8221;0px||0px||true|false&#8221; custom_padding_tablet=&#8221;&#8221; custom_padding_phone=&#8221;|12px||12px|false|true&#8221; custom_padding_last_edited=&#8221;on|phone&#8221; ol_text_align_tablet=&#8221;justify&#8221; ol_text_align_phone=&#8221;left&#8221; ol_text_align_last_edited=&#8221;on|phone&#8221; ol_font_size_tablet=&#8221;20px&#8221; ol_font_size_phone=&#8221;17px&#8221; ol_font_size_last_edited=&#8221;on|phone&#8221; text_orientation_tablet=&#8221;justified&#8221; text_orientation_phone=&#8221;left&#8221; text_orientation_last_edited=&#8221;on|phone&#8221; border_color_bottom=&#8221;rgba(0,0,0,0.25)&#8221; inline_fonts=&#8221;Gotham_Medium&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>Documents related to:<br \/><strong>1. Share Capital &amp; Membership Data<\/strong><br \/><strong>2. Reserves &amp; Surplus<\/strong><br \/><strong>3. Creditors &amp; Payables<\/strong><br \/><strong>4. Deposits Received<\/strong><br \/><strong>5. Loans &amp; Borrowings<\/strong><\/p>\n<p>[\/et_pb_text][et_pb_text ol_type=&#8221;lower-latin&#8221; quote_border_weight=&#8221;3px&#8221; quote_border_color=&#8221;#072f54&#8243; _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; text_font=&#8221;Quicksand|500|||||||&#8221; text_text_color=&#8221;rgba(0,0,0,0.75)&#8221; text_font_size=&#8221;1.1rem&#8221; text_letter_spacing=&#8221;0.1px&#8221; text_line_height=&#8221;2em&#8221; ol_font=&#8221;Quicksand|500|||||||&#8221; ol_text_align=&#8221;justify&#8221; ol_text_color=&#8221;rgba(0,0,0,0.75)&#8221; ol_font_size=&#8221;1.1rem&#8221; ol_line_height=&#8221;1.4em&#8221; quote_font=&#8221;Gotham_Medium|600|||||||&#8221; quote_font_size=&#8221;18px&#8221; quote_letter_spacing=&#8221;0.1px&#8221; text_orientation=&#8221;justified&#8221; custom_margin=&#8221;0px||0px||true|false&#8221; custom_padding_tablet=&#8221;&#8221; custom_padding_phone=&#8221;|12px||12px|false|true&#8221; custom_padding_last_edited=&#8221;on|phone&#8221; ol_text_align_tablet=&#8221;justify&#8221; ol_text_align_phone=&#8221;left&#8221; ol_text_align_last_edited=&#8221;on|phone&#8221; ol_font_size_tablet=&#8221;20px&#8221; ol_font_size_phone=&#8221;17px&#8221; ol_font_size_last_edited=&#8221;on|phone&#8221; text_orientation_tablet=&#8221;justified&#8221; text_orientation_phone=&#8221;left&#8221; text_orientation_last_edited=&#8221;on|phone&#8221; border_color_bottom=&#8221;rgba(0,0,0,0.25)&#8221; inline_fonts=&#8221;Gotham_Medium&#8221; global_colors_info=&#8221;{}&#8221;]<strong><br \/>\n<strong> SUPPORTING DOCUMENTS &#8211;<\/strong><\/strong>[\/et_pb_text][et_pb_text ol_type=&#8221;lower-latin&#8221; quote_border_weight=&#8221;3px&#8221; quote_border_color=&#8221;#072f54&#8243; _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; text_font=&#8221;Quicksand|500|||||||&#8221; text_text_color=&#8221;rgba(0,0,0,0.75)&#8221; text_font_size=&#8221;1.1rem&#8221; text_letter_spacing=&#8221;0.1px&#8221; text_line_height=&#8221;2em&#8221; ol_font=&#8221;Quicksand|500|||||||&#8221; ol_text_align=&#8221;justify&#8221; ol_text_color=&#8221;rgba(0,0,0,0.75)&#8221; ol_font_size=&#8221;1.1rem&#8221; ol_line_height=&#8221;1.4em&#8221; quote_font=&#8221;Gotham_Medium|600|||||||&#8221; quote_font_size=&#8221;18px&#8221; quote_letter_spacing=&#8221;0.1px&#8221; text_orientation=&#8221;justified&#8221; custom_margin=&#8221;0px||0px||true|false&#8221; custom_padding_tablet=&#8221;&#8221; custom_padding_phone=&#8221;|12px||12px|false|true&#8221; custom_padding_last_edited=&#8221;on|phone&#8221; ol_text_align_tablet=&#8221;justify&#8221; ol_text_align_phone=&#8221;left&#8221; ol_text_align_last_edited=&#8221;on|phone&#8221; ol_font_size_tablet=&#8221;20px&#8221; ol_font_size_phone=&#8221;17px&#8221; ol_font_size_last_edited=&#8221;on|phone&#8221; text_orientation_tablet=&#8221;justified&#8221; text_orientation_phone=&#8221;left&#8221; text_orientation_last_edited=&#8221;on|phone&#8221; border_color_bottom=&#8221;rgba(0,0,0,0.25)&#8221; inline_fonts=&#8221;Gotham_Medium&#8221; global_colors_info=&#8221;{}&#8221;]1. Vouchers with supporting documents<br \/>\n2. Write-Off \/ Write-back, if any, with supporting AGM Minutes<br \/>\n3. Subscriptions, if any, with receipts<br \/>\n4. AMC payments with a period of contract documents.<br \/>\n5. Building Insurance payment\/period with policy documents<br \/>\n6. Receipt of Education and Training Fund<br \/>\n7. Property Tax, NA Tax, Lease Rent \u2013 Payment receipts[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; module_id=&#8221;tochs&#8221; _builder_version=&#8221;4.19.5&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;17px||2px|||&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_row _builder_version=&#8221;4.19.5&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;6px|0px|3px|0px|false|true&#8221; border_width_bottom=&#8221;2px&#8221; border_color_bottom=&#8221;#edb83d&#8221; border_style_bottom=&#8221;double&#8221; collapsed=&#8221;on&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.17.4&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; text_font=&#8221;Raleway||||||||&#8221; header_font=&#8221;Quicksand|700|||||||&#8221; header_text_align=&#8221;left&#8221; header_text_color=&#8221;#0b2542&#8243; header_font_size=&#8221;1.8rem&#8221; header_line_height=&#8221;1.4em&#8221; header_2_font=&#8221;Quicksand|700|||||||&#8221; header_2_text_align=&#8221;left&#8221; header_2_text_color=&#8221;#0b2542&#8243; header_2_font_size=&#8221;1.8rem&#8221; header_2_line_height=&#8221;1.4em&#8221; custom_margin=&#8221;||2px|||&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h2>ACCOUNTS WRITING \u2013 15 DAYS<\/h2>\n<p>[\/et_pb_text][et_pb_text ol_type=&#8221;lower-latin&#8221; quote_border_weight=&#8221;3px&#8221; quote_border_color=&#8221;#072f54&#8243; _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; text_font=&#8221;Quicksand|500|||||||&#8221; text_text_color=&#8221;rgba(0,0,0,0.75)&#8221; text_font_size=&#8221;1.1rem&#8221; text_letter_spacing=&#8221;0.1px&#8221; text_line_height=&#8221;2em&#8221; ol_font=&#8221;Quicksand|500|||||||&#8221; ol_text_align=&#8221;justify&#8221; ol_text_color=&#8221;rgba(0,0,0,0.75)&#8221; ol_font_size=&#8221;1.1rem&#8221; ol_line_height=&#8221;1.4em&#8221; quote_font=&#8221;Gotham_Medium|600|||||||&#8221; quote_font_size=&#8221;18px&#8221; quote_letter_spacing=&#8221;0.1px&#8221; text_orientation=&#8221;justified&#8221; custom_margin=&#8221;||10px||false|false&#8221; ol_text_align_tablet=&#8221;justify&#8221; ol_text_align_phone=&#8221;left&#8221; ol_text_align_last_edited=&#8221;on|phone&#8221; ol_font_size_tablet=&#8221;20px&#8221; ol_font_size_phone=&#8221;17px&#8221; ol_font_size_last_edited=&#8221;on|phone&#8221; text_orientation_tablet=&#8221;justified&#8221; text_orientation_phone=&#8221;left&#8221; text_orientation_last_edited=&#8221;on|phone&#8221; global_colors_info=&#8221;{}&#8221;]After April 30th, within 15 days a co-op housing society accountant must perform the following duties:[\/et_pb_text][et_pb_text ol_type=&#8221;lower-latin&#8221; quote_border_weight=&#8221;3px&#8221; quote_border_color=&#8221;#072f54&#8243; _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; text_font=&#8221;Quicksand|500|||||||&#8221; text_text_color=&#8221;rgba(0,0,0,0.75)&#8221; text_font_size=&#8221;1.1rem&#8221; text_letter_spacing=&#8221;0.1px&#8221; text_line_height=&#8221;2em&#8221; ol_font=&#8221;Quicksand|500|||||||&#8221; ol_text_align=&#8221;justify&#8221; ol_text_color=&#8221;rgba(0,0,0,0.75)&#8221; ol_font_size=&#8221;1.1rem&#8221; ol_line_height=&#8221;1.4em&#8221; quote_font=&#8221;Gotham_Medium|600|||||||&#8221; quote_font_size=&#8221;18px&#8221; quote_letter_spacing=&#8221;0.1px&#8221; text_orientation=&#8221;justified&#8221; custom_margin=&#8221;5px||5px||true|false&#8221; custom_padding_tablet=&#8221;&#8221; custom_padding_phone=&#8221;|12px||12px|false|true&#8221; custom_padding_last_edited=&#8221;on|phone&#8221; hover_enabled=&#8221;0&#8243; ol_text_align_tablet=&#8221;justify&#8221; ol_text_align_phone=&#8221;left&#8221; ol_text_align_last_edited=&#8221;on|phone&#8221; ol_font_size_tablet=&#8221;20px&#8221; ol_font_size_phone=&#8221;17px&#8221; ol_font_size_last_edited=&#8221;on|phone&#8221; text_orientation_tablet=&#8221;justified&#8221; text_orientation_phone=&#8221;left&#8221; text_orientation_last_edited=&#8221;on|phone&#8221; border_color_bottom=&#8221;rgba(0,0,0,0.25)&#8221; inline_fonts=&#8221;Gotham_Medium&#8221; global_colors_info=&#8221;{}&#8221; sticky_enabled=&#8221;0&#8243;]<strong>1. Finalization of Accounts \u2013 (Rule 61)<\/strong><br \/>\n&#8211; Income &amp; Expenditure Statement: N-FORM (Rule-62)<br \/>\n&#8211; Balance Sheet: N-FORM (Rule-62)<br \/>\n&#8211; Other Finalization Reports<\/p>\n<p><strong>2. Taxation &amp; Compliance<\/strong><br \/>\n&#8211; Deduct and file TDS Returns for vendors and staff<br \/>\n&#8211; File GST Returns (if applicable)<\/p>\n<p><strong>3. Billing &amp; Member Dues Management<\/strong><br \/>\n&#8211; Generate and issue maintenance bills for the new financial year.<br \/>\n&#8211; Update the list of outstanding dues &amp; defaulters.[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; module_id=&#8221;tochs&#8221; _builder_version=&#8221;4.19.5&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;17px||2px|||&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_row _builder_version=&#8221;4.19.5&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;6px|0px|3px|0px|false|true&#8221; border_width_bottom=&#8221;2px&#8221; border_color_bottom=&#8221;#edb83d&#8221; border_style_bottom=&#8221;double&#8221; collapsed=&#8221;on&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.17.4&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; text_font=&#8221;Raleway||||||||&#8221; header_font=&#8221;Quicksand|700|||||||&#8221; header_text_align=&#8221;left&#8221; header_text_color=&#8221;#0b2542&#8243; header_font_size=&#8221;1.8rem&#8221; header_line_height=&#8221;1.4em&#8221; header_2_font=&#8221;Quicksand|700|||||||&#8221; header_2_text_align=&#8221;left&#8221; header_2_text_color=&#8221;#0b2542&#8243; header_2_font_size=&#8221;1.8rem&#8221; header_2_line_height=&#8221;1.4em&#8221; custom_margin=&#8221;||2px|||&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h2>OPEN TO INSPECTION \u2013 15 DAYS<\/h2>\n<p>[\/et_pb_text][et_pb_text ol_type=&#8221;lower-latin&#8221; quote_border_weight=&#8221;3px&#8221; quote_border_color=&#8221;#072f54&#8243; _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; text_font=&#8221;Quicksand|500|||||||&#8221; text_text_color=&#8221;rgba(0,0,0,0.75)&#8221; text_font_size=&#8221;1.1rem&#8221; text_letter_spacing=&#8221;0.1px&#8221; text_line_height=&#8221;2em&#8221; ol_font=&#8221;Quicksand|500|||||||&#8221; ol_text_align=&#8221;justify&#8221; ol_text_color=&#8221;rgba(0,0,0,0.75)&#8221; ol_font_size=&#8221;1.1rem&#8221; ol_line_height=&#8221;1.4em&#8221; quote_font=&#8221;Gotham_Medium|600|||||||&#8221; quote_font_size=&#8221;18px&#8221; quote_letter_spacing=&#8221;0.1px&#8221; text_orientation=&#8221;justified&#8221; custom_margin=&#8221;||10px||false|false&#8221; ol_text_align_tablet=&#8221;justify&#8221; ol_text_align_phone=&#8221;left&#8221; ol_text_align_last_edited=&#8221;on|phone&#8221; ol_font_size_tablet=&#8221;20px&#8221; ol_font_size_phone=&#8221;17px&#8221; ol_font_size_last_edited=&#8221;on|phone&#8221; text_orientation_tablet=&#8221;justified&#8221; text_orientation_phone=&#8221;left&#8221; text_orientation_last_edited=&#8221;on|phone&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>As per MCS Rule 61, these statements of accounts shall be open to inspection by any member during office hours at the office of the society, and a copy thereof shall be submitted, <strong>within fifteen days from the date of preparation<\/strong>, to the auditor appointed by the Society of the Registrar for the audit of that society.<\/p>\n<p>It has been found that the financial statement prepared by the housing society accountant is usually approved in the managing committee meeting and submitted to an auditor appointed by the AGM of the society or the Registrar.<\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; module_id=&#8221;tochs&#8221; _builder_version=&#8221;4.19.5&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;17px||2px|||&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_row _builder_version=&#8221;4.19.5&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;6px|0px|3px|0px|false|true&#8221; border_width_bottom=&#8221;2px&#8221; border_color_bottom=&#8221;#edb83d&#8221; border_style_bottom=&#8221;double&#8221; collapsed=&#8221;on&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.17.4&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; text_font=&#8221;Raleway||||||||&#8221; header_font=&#8221;Quicksand|700|||||||&#8221; header_text_align=&#8221;left&#8221; header_text_color=&#8221;#0b2542&#8243; header_font_size=&#8221;1.8rem&#8221; header_line_height=&#8221;1.4em&#8221; header_2_font=&#8221;Quicksand|700|||||||&#8221; header_2_text_align=&#8221;left&#8221; header_2_text_color=&#8221;#0b2542&#8243; header_2_font_size=&#8221;1.8rem&#8221; header_2_line_height=&#8221;1.4em&#8221; custom_margin=&#8221;||2px|||&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h2>AUDIT &#8211; 60 DAYS \u2013 SUBMISSION TO COMPLETION OF AUDIT <\/h2>\n<p>[\/et_pb_text][et_pb_text ol_type=&#8221;lower-latin&#8221; quote_border_weight=&#8221;3px&#8221; quote_border_color=&#8221;#072f54&#8243; _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; text_font=&#8221;Quicksand|500|||||||&#8221; text_text_color=&#8221;rgba(0,0,0,0.75)&#8221; text_font_size=&#8221;1.1rem&#8221; text_letter_spacing=&#8221;0.1px&#8221; text_line_height=&#8221;2em&#8221; ol_font=&#8221;Quicksand|500|||||||&#8221; ol_text_align=&#8221;justify&#8221; ol_text_color=&#8221;rgba(0,0,0,0.75)&#8221; ol_font_size=&#8221;1.1rem&#8221; ol_line_height=&#8221;1.4em&#8221; quote_font=&#8221;Gotham_Medium|600|||||||&#8221; quote_font_size=&#8221;18px&#8221; quote_letter_spacing=&#8221;0.1px&#8221; text_orientation=&#8221;justified&#8221; custom_margin=&#8221;||10px||false|false&#8221; ol_text_align_tablet=&#8221;justify&#8221; ol_text_align_phone=&#8221;left&#8221; ol_text_align_last_edited=&#8221;on|phone&#8221; ol_font_size_tablet=&#8221;20px&#8221; ol_font_size_phone=&#8221;17px&#8221; ol_font_size_last_edited=&#8221;on|phone&#8221; text_orientation_tablet=&#8221;justified&#8221; text_orientation_phone=&#8221;left&#8221; text_orientation_last_edited=&#8221;on|phone&#8221; global_colors_info=&#8221;{}&#8221;]Section 81 of the Maharashtra Co-operative Societies (MCS) Act, 1960 deals with the audit of co-operative societies to ensure financial transparency, accountability, and compliance with legal requirements.[\/et_pb_text][et_pb_text ol_type=&#8221;lower-latin&#8221; quote_border_weight=&#8221;3px&#8221; quote_border_color=&#8221;#072f54&#8243; _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; text_font=&#8221;Quicksand|500|||||||&#8221; text_text_color=&#8221;rgba(0,0,0,0.75)&#8221; text_font_size=&#8221;1.1rem&#8221; text_letter_spacing=&#8221;0.1px&#8221; text_line_height=&#8221;2em&#8221; ol_font=&#8221;Quicksand|500|||||||&#8221; ol_text_align=&#8221;justify&#8221; ol_text_color=&#8221;rgba(0,0,0,0.75)&#8221; ol_font_size=&#8221;1.1rem&#8221; ol_line_height=&#8221;1.4em&#8221; quote_font=&#8221;Gotham_Medium|600|||||||&#8221; quote_font_size=&#8221;18px&#8221; quote_letter_spacing=&#8221;0.1px&#8221; text_orientation=&#8221;justified&#8221; custom_margin=&#8221;5px||5px||true|false&#8221; custom_padding_tablet=&#8221;&#8221; custom_padding_phone=&#8221;|12px||12px|false|true&#8221; custom_padding_last_edited=&#8221;on|phone&#8221; ol_text_align_tablet=&#8221;justify&#8221; ol_text_align_phone=&#8221;left&#8221; ol_text_align_last_edited=&#8221;on|phone&#8221; ol_font_size_tablet=&#8221;20px&#8221; ol_font_size_phone=&#8221;17px&#8221; ol_font_size_last_edited=&#8221;on|phone&#8221; text_orientation_tablet=&#8221;justified&#8221; text_orientation_phone=&#8221;left&#8221; text_orientation_last_edited=&#8221;on|phone&#8221; border_color_bottom=&#8221;rgba(0,0,0,0.25)&#8221; inline_fonts=&#8221;Gotham_Medium&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>Key Provisions of Section 81:<br \/><strong>1. Mandatory Annual Audit:<\/strong><br \/>&#8211;\u00a0 Every <strong>co-operative society<\/strong> must undergo an <strong>annual audit<\/strong> of its accounts.<br \/>&#8211; The audit must be conducted by a <strong>certified auditor from the panel approved by the State Government.<\/strong><br \/><strong>2. Scope of the Audit:<\/strong><br \/>&#8211; Verification of <strong>Final Accounts<\/strong>.<br \/>&#8211; Checking of <strong>cash, assets, liabilities, funds, and investments<\/strong>.<br \/>&#8211; Ensuring <strong>dues collection, outstanding payments, and proper accounting<\/strong>.<br \/>&#8211; Examining <strong>loans, borrowings, and member transactions<\/strong>.<br \/><strong>3. Audit Report (Form N-1) &amp; Observations:<\/strong><br \/>The auditor must submit an <strong>Audit Report (Form N-1)<\/strong> with observations:<br \/>&#8211; Financial position of the society.<br \/>&#8211; Statutory compliance under the <strong>MCS Act, 1960 &amp; Rules, 1961<\/strong>.<br \/>&#8211; Any <strong>irregularities, fraud, or mismanagement<\/strong> found during the audit.<br \/>&#8211; If serious irregularities are found, they must be <strong>reported to the Registrar<\/strong>.<\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; module_id=&#8221;tochs&#8221; _builder_version=&#8221;4.19.5&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;17px||2px|||&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_row _builder_version=&#8221;4.19.5&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;6px|0px|3px|0px|false|true&#8221; border_width_bottom=&#8221;2px&#8221; border_color_bottom=&#8221;#edb83d&#8221; border_style_bottom=&#8221;double&#8221; collapsed=&#8221;on&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.17.4&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; text_font=&#8221;Raleway||||||||&#8221; header_font=&#8221;Quicksand|700|||||||&#8221; header_text_align=&#8221;left&#8221; header_text_color=&#8221;#0b2542&#8243; header_font_size=&#8221;1.8rem&#8221; header_line_height=&#8221;1.4em&#8221; header_2_font=&#8221;Quicksand|700|||||||&#8221; header_2_text_align=&#8221;left&#8221; header_2_text_color=&#8221;#0b2542&#8243; header_2_font_size=&#8221;1.8rem&#8221; header_2_line_height=&#8221;1.4em&#8221; custom_margin=&#8221;||2px|||&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h2>SUBMISSION OF AUDIT REPORT \u2013 30 DAYS<\/h2>\n<p>[\/et_pb_text][et_pb_text ol_type=&#8221;lower-latin&#8221; quote_border_weight=&#8221;3px&#8221; quote_border_color=&#8221;#072f54&#8243; _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; text_font=&#8221;Quicksand|500|||||||&#8221; text_text_color=&#8221;rgba(0,0,0,0.75)&#8221; text_font_size=&#8221;1.1rem&#8221; text_letter_spacing=&#8221;0.1px&#8221; text_line_height=&#8221;2em&#8221; ol_font=&#8221;Quicksand|500|||||||&#8221; ol_text_align=&#8221;justify&#8221; ol_text_color=&#8221;rgba(0,0,0,0.75)&#8221; ol_font_size=&#8221;1.1rem&#8221; ol_line_height=&#8221;1.4em&#8221; quote_font=&#8221;Gotham_Medium|600|||||||&#8221; quote_font_size=&#8221;18px&#8221; quote_letter_spacing=&#8221;0.1px&#8221; text_orientation=&#8221;justified&#8221; custom_margin=&#8221;||10px||false|false&#8221; ol_text_align_tablet=&#8221;justify&#8221; ol_text_align_phone=&#8221;left&#8221; ol_text_align_last_edited=&#8221;on|phone&#8221; ol_font_size_tablet=&#8221;20px&#8221; ol_font_size_phone=&#8221;17px&#8221; ol_font_size_last_edited=&#8221;on|phone&#8221; text_orientation_tablet=&#8221;justified&#8221; text_orientation_phone=&#8221;left&#8221; text_orientation_last_edited=&#8221;on|phone&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p><strong>Section 81(5B) in The Maharashtra Co-Operative Societies Act, 1960<\/strong><\/p>\n<p>(5B) The auditor shall submit [his audit report <strong>within a period of one month from its completion<\/strong> and in any case before issuance of notice of the annual general body meeting,] [Sub-sections (5A) and (5B) were inserted, by Maharashtra 10 of 1988, Section 43(e).] to the society and to the Registrar in such form as may be specified by the Registrar, on the accounts examined by him and on the balance sheet and profit and loss account as on the date and for the period up to which the accounts have been audited, and shall state whether in his opinion and to the best of his information and according to the explanation given to him by the society the said accounts give all information required by or under this Act and present the true and fair view of the financial transaction of the society.]:<\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; module_id=&#8221;tochs&#8221; _builder_version=&#8221;4.19.5&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;17px||2px|||&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_row _builder_version=&#8221;4.19.5&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;6px|0px|3px|0px|false|true&#8221; border_width_bottom=&#8221;2px&#8221; border_color_bottom=&#8221;#edb83d&#8221; border_style_bottom=&#8221;double&#8221; collapsed=&#8221;on&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.17.4&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; text_font=&#8221;Raleway||||||||&#8221; header_font=&#8221;Quicksand|700|||||||&#8221; header_text_align=&#8221;left&#8221; header_text_color=&#8221;#0b2542&#8243; header_font_size=&#8221;1.8rem&#8221; header_line_height=&#8221;1.4em&#8221; header_2_font=&#8221;Quicksand|700|||||||&#8221; header_2_text_align=&#8221;left&#8221; header_2_text_color=&#8221;#0b2542&#8243; header_2_font_size=&#8221;1.8rem&#8221; header_2_line_height=&#8221;1.4em&#8221; custom_margin=&#8221;||2px|||&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h2>LAST DATE OF AGM \u2013 30 DAYS<\/h2>\n<p>[\/et_pb_text][et_pb_text ol_type=&#8221;lower-latin&#8221; quote_border_weight=&#8221;3px&#8221; quote_border_color=&#8221;#072f54&#8243; _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; text_font=&#8221;Quicksand|500|||||||&#8221; text_text_color=&#8221;rgba(0,0,0,0.75)&#8221; text_font_size=&#8221;1.1rem&#8221; text_letter_spacing=&#8221;0.1px&#8221; text_line_height=&#8221;2em&#8221; ol_font=&#8221;Quicksand|500|||||||&#8221; ol_text_align=&#8221;justify&#8221; ol_text_color=&#8221;rgba(0,0,0,0.75)&#8221; ol_font_size=&#8221;1.1rem&#8221; ol_line_height=&#8221;1.4em&#8221; quote_font=&#8221;Gotham_Medium|600|||||||&#8221; quote_font_size=&#8221;18px&#8221; quote_letter_spacing=&#8221;0.1px&#8221; text_orientation=&#8221;justified&#8221; custom_margin=&#8221;||10px||false|false&#8221; ol_text_align_tablet=&#8221;justify&#8221; ol_text_align_phone=&#8221;left&#8221; ol_text_align_last_edited=&#8221;on|phone&#8221; ol_font_size_tablet=&#8221;20px&#8221; ol_font_size_phone=&#8221;17px&#8221; ol_font_size_last_edited=&#8221;on|phone&#8221; text_orientation_tablet=&#8221;justified&#8221; text_orientation_phone=&#8221;left&#8221; text_orientation_last_edited=&#8221;on|phone&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>As per <strong>Section 75(2)<\/strong> of the <strong>MCS Act, 1960<\/strong>, <strong>the last date for conducting the Annual General Meeting (AGM) of a Co-operative Housing Society is September 30th.<\/strong><\/p>\n<p>&#8220;Every co-operative society shall hold its Annual General Meeting (AGM) within <strong>six months<\/strong> from the end of the financial year, i.e., <strong>on or before September 30th each year.<\/strong>&#8220;<\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; module_id=&#8221;tochs&#8221; _builder_version=&#8221;4.19.5&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;17px||2px|||&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_row _builder_version=&#8221;4.19.5&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;6px|0px|3px|0px|false|true&#8221; border_width_bottom=&#8221;2px&#8221; border_color_bottom=&#8221;#edb83d&#8221; border_style_bottom=&#8221;double&#8221; collapsed=&#8221;on&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.17.4&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; text_font=&#8221;Raleway||||||||&#8221; header_font=&#8221;Quicksand|700|||||||&#8221; header_text_align=&#8221;left&#8221; header_text_color=&#8221;#0b2542&#8243; header_font_size=&#8221;1.8rem&#8221; header_line_height=&#8221;1.4em&#8221; header_2_font=&#8221;Quicksand|700|||||||&#8221; header_2_text_align=&#8221;left&#8221; header_2_text_color=&#8221;#0b2542&#8243; header_2_font_size=&#8221;1.8rem&#8221; header_2_line_height=&#8221;1.4em&#8221; custom_margin=&#8221;||2px|||&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h2>AUDITOR APPOINTMENT &amp; O-FORM SUBMISSION \u2013 30 DAYS<\/h2>\n<p>[\/et_pb_text][et_pb_text ol_type=&#8221;lower-latin&#8221; quote_border_weight=&#8221;3px&#8221; quote_border_color=&#8221;#072f54&#8243; _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; text_font=&#8221;Quicksand|500|||||||&#8221; text_text_color=&#8221;rgba(0,0,0,0.75)&#8221; text_font_size=&#8221;1.1rem&#8221; text_letter_spacing=&#8221;0.1px&#8221; text_line_height=&#8221;2em&#8221; ol_font=&#8221;Quicksand|500|||||||&#8221; ol_text_align=&#8221;justify&#8221; ol_text_color=&#8221;rgba(0,0,0,0.75)&#8221; ol_font_size=&#8221;1.1rem&#8221; ol_line_height=&#8221;1.4em&#8221; quote_font=&#8221;Gotham_Medium|600|||||||&#8221; quote_font_size=&#8221;18px&#8221; quote_letter_spacing=&#8221;0.1px&#8221; text_orientation=&#8221;justified&#8221; custom_margin=&#8221;||10px||false|false&#8221; ol_text_align_tablet=&#8221;justify&#8221; ol_text_align_phone=&#8221;left&#8221; ol_text_align_last_edited=&#8221;on|phone&#8221; ol_font_size_tablet=&#8221;20px&#8221; ol_font_size_phone=&#8221;17px&#8221; ol_font_size_last_edited=&#8221;on|phone&#8221; text_orientation_tablet=&#8221;justified&#8221; text_orientation_phone=&#8221;left&#8221; text_orientation_last_edited=&#8221;on|phone&#8221; global_colors_info=&#8221;{}&#8221;]As per <strong>Section 81(1)(b)<\/strong> of the <strong>Maharashtra Co-operative Societies Act, 1960<\/strong>, every co-operative housing society must:<br \/>\n&#8211; Appoint a <strong>Statutory Auditor<\/strong> in the <strong>Annual General Meeting (AGM)<\/strong>.<br \/>\n&#8211; Select an <strong>auditor from the government-approved panel<\/strong> (as per GR).<br \/>\n&#8211; Submit the <strong>appointment details in Form O<\/strong> to the Registrar of Co-operative Societies.<\/p>\n<p>As per <strong>Section 82<\/strong> of the MCS Act, 1960, a society must:<br \/>\n&#8211; Form O is the prescribed format for submitting the Audit Rectification Report to the Registrar.<br \/>\n&#8211; Rectify all audit remarks &amp; objections raised in the Audit Report (Form N-1).<br \/>\n&#8211; Submit Form O to the Registrar within 3 months from receiving the audit report.[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; module_id=&#8221;tochs&#8221; _builder_version=&#8221;4.19.5&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;17px||2px|||&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_row _builder_version=&#8221;4.19.5&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;6px|0px|3px|0px|false|true&#8221; border_width_bottom=&#8221;2px&#8221; border_color_bottom=&#8221;#edb83d&#8221; border_style_bottom=&#8221;double&#8221; collapsed=&#8221;on&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.17.4&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text ol_type=&#8221;lower-latin&#8221; quote_border_weight=&#8221;3px&#8221; quote_border_color=&#8221;#072f54&#8243; _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; text_font=&#8221;Quicksand|500|||||||&#8221; text_text_color=&#8221;rgba(0,0,0,0.75)&#8221; text_font_size=&#8221;1.1rem&#8221; text_letter_spacing=&#8221;0.1px&#8221; text_line_height=&#8221;2em&#8221; ol_font=&#8221;Quicksand|500|||||||&#8221; ol_text_align=&#8221;justify&#8221; ol_text_color=&#8221;rgba(0,0,0,0.75)&#8221; ol_font_size=&#8221;1.1rem&#8221; ol_line_height=&#8221;1.4em&#8221; quote_font=&#8221;Gotham_Medium|600|||||||&#8221; quote_font_size=&#8221;18px&#8221; quote_letter_spacing=&#8221;0.1px&#8221; text_orientation=&#8221;justified&#8221; custom_margin=&#8221;||10px||false|false&#8221; ol_text_align_tablet=&#8221;justify&#8221; ol_text_align_phone=&#8221;left&#8221; ol_text_align_last_edited=&#8221;on|phone&#8221; ol_font_size_tablet=&#8221;20px&#8221; ol_font_size_phone=&#8221;17px&#8221; ol_font_size_last_edited=&#8221;on|phone&#8221; text_orientation_tablet=&#8221;justified&#8221; text_orientation_phone=&#8221;left&#8221; text_orientation_last_edited=&#8221;on|phone&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>Managing a housing society\u2019s accounts can be complex and time-consuming. With <strong>SocietyOnClick.com<\/strong>, you get <strong>professional, accurate, and hassle-free accounting services<\/strong> tailored specifically for cooperative housing societies. From <strong>maintaining financial records (Form N), preparing audit reports (Form N-1), and filing TDS &amp; GST to ensuring compliance with MCS Act regulations<\/strong>, we handle it all !<br \/>&#8211; Expert Accounting &amp; Compliance<br \/>&#8211; Timely Audit &amp; Financial Reporting<br \/>&#8211; Error-Free Billing &amp; Dues Management<br \/>&#8211; Statutory Compliance as per MCS Act, GST &amp; Income Tax Laws<\/p>\n<p style=\"text-align: center;\"><strong>Choose SocietyOnClick.com for stress-free housing society accounting with 100% statutory compliance!<\/strong><\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; admin_label=&#8221;section&#8221; _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; background_color=&#8221;rgba(237,184,61,0.9)&#8221; background_image=&#8221;https:\/\/societyonclick.com\/blog\/wp-content\/uploads\/2022\/05\/circle-background-pattern.png&#8221; parallax=&#8221;on&#8221; 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Closing Every Financial Year within 45 DaysThe Co-operative Year in a housing society runs from April 1st to March 31st. After the financial year ends, the society must complete several essential tasks to ensure compliance with the Maharashtra Cooperative Societies (MCS) Act, 1960The Office Bearers of a cooperative housing society play a [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1234,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"1280","footnotes":"","_wp_rev_ctl_limit":""},"categories":[17],"tags":[],"class_list":["post-1230","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-management","et-has-post-format-content","et_post_format-et-post-format-standard"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Housing Society Tasks &amp; Due Dates (April to October) - SOC Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/societyonclick.com\/blog\/housing-society-tasks-due-dates-april-to-october\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Housing Society Tasks &amp; Due Dates (April to October) - SOC Blog\" \/>\n<meta property=\"og:description\" content=\"Bye-Laws No. 146a. 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Closing Every Financial Year within 45 DaysThe Co-operative Year in a housing society runs from April 1st to March 31st. After the financial year ends, the society must complete several essential tasks to ensure compliance with the Maharashtra Cooperative Societies (MCS) Act, 1960The Office Bearers of a cooperative housing society play a [&hellip;]","og_url":"https:\/\/societyonclick.com\/blog\/housing-society-tasks-due-dates-april-to-october\/","og_site_name":"SOC Blog","article_published_time":"2025-04-01T14:28:03+00:00","article_modified_time":"2025-04-01T14:47:04+00:00","og_image":[{"width":1080,"height":1920,"url":"https:\/\/societyonclick.com\/blog\/wp-content\/uploads\/2025\/04\/SOCIETY-TASK-WITH-DUE-DATES.png","type":"image\/png"}],"author":"Parisa Manjarekar","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Parisa Manjarekar","Est. reading time":"6 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/societyonclick.com\/blog\/housing-society-tasks-due-dates-april-to-october\/#article","isPartOf":{"@id":"https:\/\/societyonclick.com\/blog\/housing-society-tasks-due-dates-april-to-october\/"},"author":{"name":"Parisa Manjarekar","@id":"https:\/\/societyonclick.com\/blog\/#\/schema\/person\/fcc4fe4d0b20287d5400b623412e80a7"},"headline":"Housing Society Tasks &amp; 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