MCA extends due date for filing of financials and annual return
- Blog|News|Company Law|
- 2 Min Read
- By Taxmann
- |
- Last Updated on 1 July, 2022
Latest from Taxmann
Circular No. 22/2021, Dated: 29.12.2021
In view of requests from various stakeholders regarding levy of additional fees for filing of annual financial statements for the year ended 31.03.2021. The MCA has decided to extend the due date of filing of financials and Annual returns without any late fee. Accordingly, the MCA stated that no additional fees shall be levied for filing of AOC -4, AOC-4 (CFS), AOC- 4 XBRL, AOC – 4 Non-XBRL up to 15.02.2022 and for MGT – 7, MGT- 7A up to 28.02.2022.
Earlier, MCA through General Circular No. 17/2021, Dated- 29th October 2021 had extended the time for filing of AOC -4, AOC-4 (CFS), AOC- 4 XBRL, AOC – 4 Non-XBRL MGT – 7, MGT- 7A till 31. 12. 2021.
As per section 137 of the Companies Act, 2013, Companies are required to file financial statements, including consolidated financial statements duly adopted at the annual general meeting of the company with the Registrar within 30 days of the date of the annual general meeting.
As per Section 92 of the Companies Act, 2013, every company is required to file with the Registrar a copy of the annual return, within 60 days from the date on which the annual general meeting is held or where no annual general meeting is held in any year within 60 days from the date on which the annual general meeting should have been held together with the statement specifying the reasons for not holding the annual general meeting.
Click Here To Read The Full Notification
Disclaimer: The content/information published on the website is only for general information of the user and shall not be construed as legal advice. While the Taxmann has exercised reasonable efforts to ensure the veracity of information/content published, Taxmann shall be under no liability in any manner whatsoever for incorrect information, if any.
Taxmann Publications has a dedicated in-house Research & Editorial Team. This team consists of a team of Chartered Accountants, Company Secretaries, and Lawyers. This team works under the guidance and supervision of editor-in-chief Mr Rakesh Bhargava.
The Research and Editorial Team is responsible for developing reliable and accurate content for the readers. The team follows the six-sigma approach to achieve the benchmark of zero error in its publications and research platforms. The team ensures that the following publication guidelines are thoroughly followed while developing the content:
- The statutory material is obtained only from the authorized and reliable sources
- All the latest developments in the judicial and legislative fields are covered
- Prepare the analytical write-ups on current, controversial, and important issues to help the readers to understand the concept and its implications
- Every content published by Taxmann is complete, accurate and lucid
- All evidence-based statements are supported with proper reference to Section, Circular No., Notification No. or citations
- The golden rules of grammar, style and consistency are thoroughly followed
- Font and size that’s easy to read and remain consistent across all imprint and digital publications are applied
Sign Up
To subscribe to our weekly newsletter please log in/register on Taxmann.com
Latest Books
Everything on Tax and Corporate Laws of India
To subscribe to our weekly newsletter please log in/register on Taxmann.com
