What Is The Due Date For Filing Of Annual Return With ROC?

What is the penalty for late filing of ROC return?


100 Per Day Penalty For Late Filing Of Annual Returns & Financial Statements: MCA has notified, the Companies (Registration Offices and Fees) Second Amendment Rules 2018 on 7th May 2018..

Is annual return mandatory?

The GST Council in its 37th meeting announced that GST annual return is not required for small businesses with a turnover of less than Rs. Filing of GSTR-9 for taxpayers whose aggregate turnover does not exceed Rs. … 2 crore is not mandatory for financial years 2017-2018 and 2018-19.

Which companies are required to file annual return?

All companies (private limited company, one person company, limited company, section 8 company, etc) are required to file an annual return with the MCA every year. In addition to filing MCA annual return, companies would also be required to file income tax return.

What are annual returns?

The annual return is the return that an investment provides over a period of time, expressed as a time-weighted annual percentage. Sources of returns can include dividends, returns of capital and capital appreciation.

What happens if GST annual return is not filed?

What is the consequence of non-filing the return? Failure to file annual return shall attract a late fee of INR 200 per day during the period of failure, subject to a maximum of 0.25% of the said Financial Year’s turnover.

What is ROC annual filing?

As a part of Annual e-Filing, Companies incorporated under the Companies Act, 1956 are required to efile the following documents with the Registrar of Companies (RoC): … Annual Return:Form 20B to be filed by Companies having share capital. Annual Return: Form 21A to be filed by companies without share capital.

What happens if annual return not filed?

Amount of Penalty The penalty for not filing a companies annual return (Form MGT-7 and Form AOC-4) is set to be increased to Rs. 200 per day. Thus, for a company that files its annual return 9 months after its due date, the penalty would be Rs. 54,000 compared to a penalty of Rs.

Is ROC date extended?

The due date for Rolling out the Scheme CFSS 2020 is 31st December, 2020. Hence, the ROC annual filing forms like DIR 3 KYC, AOC 4. MGT 7, ADT 1, PAS 6, LLP form 8, LLP form 11, MGT 14 etc has been extended till 31.12. 2020.

Is XBRL filing mandatory?

As Per the applicability of filing of financial statement into XBRL Rules, 2017, it is not mandatory for such companies to file financial statement into XBRL in future. It can file the normal AOC-4 form. Only Companies falling under XBRL Amendment Rules, 2017 required to file financial statement into XBRL.

What is the fine for late filing of company accounts?

Penalties for late filingTime after the deadlinePenalty (for private limited companies)Up to 1 month£1501 to 3 months£3753 to 6 months£750More than 6 months£1,500

Is ROC filing mandatory?

Company is required to File Return of Deposits and money not considered as deposits in E-Form DPT-3 with the ROC before 30th June for every financial year ending on 31 March.

Why ROC is required?

Functions of the ROC It completes regulation and reporting of companies and their shareholders and directors and also administers government reporting of several matters which includes the annual filing of numerous documents.

Who can file ROC return?

Every company is required to file the annual accounts and annual return as per The Companies Act, 2013 within 30 days and 60 days respectively from the conclusion of the Annual General Meeting.

When annual return has to be filed every year?

It is an annual compilation of outward supplies, inward supplies, tax liability and input tax credit availed during a financial year. It is due to be filed by 31 December of the year following the particular financial year. For the first two financial years, the annual return filing has been extended several times.

How can I check my ROC filing status?

Steps to Check Company Registration Status :Step 1: Go to the MCA website.Step 2: Go to ‘MCA Services’ tab. In the drop-down click on ‘View Company/LLP Master Data’.Step 3: Enter the companies CIN. Enter the captcha code. Click on ‘Submit’.