What should I do ? 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 … Only in respect of the said declarations made, the payment without additional amount can be made up to March 31, 2021. GST annual returns: The government in October had also extended the due date for furnishing GST annual returns for financial year 2018-19 (FY19) till December 31. Chartered Accountant WebsiteCompany Secretary WebsiteGST SoftwareITR Filing SoftwareTDS SoftwareMCA & XBRL Filing Software. Vivad Se Vishwas scheme: The government had extended its deadline for making payment under its direct tax dispute settlement scheme ‘Vivad Se Vishwas’ till March 31, 2021. > months from the end of Balance sheet date, My company was incorporated in 9 Jan 2019 but I have to close my company but I was not filling roc I was closed my gst and bank account what to do now. Your email address will not be published. SO, ANY ONE CAN EXPLAIN ME WHAT ARE THE DUEDATES FOR FIRST TIME ANNUAL RETURNS FILLING WITH ROC? Also it is to be noted that the ministry of corporate affairs has extended the dates for annual general meeting for comapneis and advised to conduct the same via video conferencing of possible. You can conduct 1st AGM 9 months from the closure of F.Y. IS IT EXTENDED ?? Annual return has not been filed till now for FY 2018-19. Accordingly annual filing shall be done on the basis of the AGM date. This is applicable to businesses filing annual returns as well as audit reports for the year to March 31, 2019. hence AGM date can be 31.12.2019. A company is Incorporated on 12.06.2018 and what is the procedures and due dates of ADT 1 , AOC4 and MGT7 ?? GSTR 9A – Annual GST Return for composition taxpayers The due date for furnishing Annual return by composition taxpayers (GSTR 9A) for the financial year 2018-19 is extended to 31st December 2020 from 31st October 2020 from 30th September … XBRL Filing Due Dates with MCA for FY 2019-20, Enquiry Now For Complete Website & GST Compliance Solution, Best ways To Generate Business For A Lawyer, ICAI launched MSME Mentorship Programme and 100 Facilitation Centres, https://blog.saginfotech.com/agm-due-date-new-company, Form AOC-4 and Form AOC-4 CFS (in case of Consolidated financial statements), 30 days from the conclusion of the AGM (In case of OPC within 180 days from the close of the financial year), 30 days from the receipt of Cost Audit Report, Filing of resolutions with MCA regarding Board Report and Annual Accounts, Half-yearly return with the registrar in respect of outstanding payments to Micro or, “Clarification on Extension of Annual General Meeting (AGM) for the financial year ended 31.03.2020, Companies Act, 2013”, “No additional fees shall be charged for late filing during a moratorium period from 01st April to 30th September 2020, in respect of any document, return, statement etc., required to be filed in the MCA-21 Registry, irrespective of its due date, which will not only reduce the compliance burden, including financial burden of companies/ LLPs at large, but also enable long-standing non-compliant companies/LLPs to make a ‘fresh start’;”, “The mandatory requirement of holding meetings of the Board of the companies within prescribed interval provided in the Companies Act (120 days), 2013, shall be extended by a period of 60 days till next two quarters i.e., till 30th September;”, “Applicability of Companies (Auditor’s Report) Order, 2020 shall be made applicable from the financial year 2020-2021 instead of from 2019-2020 notified earlier. But those individuals who have a taxable income up to Rs 5,00,000 will be required to pay a fine of Rs 1,000 if they file their return after December 31. Income Tax Return, GSTR-9 Annual Return Filing: As 2020 comes to an end, there are several deadlines that are round the corner. Under this head, the annual return is administered under Section 92 of the Companies Act, 2013 and Rule 11 of the Companies (Management and Administration) Rules, 2014. > will be 31-03-2020 and the due date for AGM will be 31-12-2020 (i.e) 9 As per section 44 of CGST Act, Annual returns must be filed on or before the 31st day of December following the end of the financial year, for which the return is being filed for all category of taxable person. Therefore it is mandatory to file the GSTR 9 annual return form and GSTR 9C audit reconciliation form … is there any extension of due dates for roc filings. Hence the financial year Due date of payment and filing of return under PTRC For Financial Year 2019-20 and Financial Year 2020-21. Source: Economic Times On Monday, the Finance Ministry said that the last date for filing goods and service tax (GST) annual return has been extended by three months to November 30. 50,000: On or before 31 st … ITR filing: The government this year has extended the deadline for filing income tax returns (ITRs) for the financial year 2019-20 (FY20) to December 31 due to the coronavirus (COVID-19) pandemic. The company is required to file all the due balance sheets, annual returns first; and only then the company shall be allowed to file the eForm”. Timeline to file annual returns From 31 August 2018, the timelines for holding Annual General Meetings and the filing of annual returns have been aligned with the financial year ends of companies. How much it costs. The ROC filing is administered under Section 129 (3), 137, of The Companies Act, 2013 along with Rule 12 of the Company (Accounts) Rules, 2014. 31st March … “In view of the same, on the recommendations of the GST Council, it has been decided to extend the due date for filing Annual Return (Form GSTR-9/GSTR-9A) and Reconciliation Statement (FORM GSTR-9C) for Financial Year 2018-19 from October 31, 2020 to December 31, … The Central Board of Indirect Taxes and Customs extended the due dates for filing annual return and reconciliation statements for FY 2018-19 by two months to December 31, 2020. Here is the due date of GST Annual Return 9, 9A and 9C for the financial year 2018-19 . The ROC filing is administered under Section 129 (3), 137, of The Companies Act, 2013 along with Rule 12 of the Company (Accounts) Rules, 2014. We send reminders to this email address in the month that your annual return is due. You have to file the TFSA annual information return by the last day of February following the calendar year to which the TFSA annual information return applies.If the last day of February is a Saturday or Sunday, your TFSA annual information return is due the next business day.. Annual fee. Your company is incorporated in Feb 2019. It is worth mentioning that the due date for filing income tax returns for tax year 2019 was extended up to February 28, 2020. Please see the table below to see when your company is required to … You can file aoc-4 and mgt-7 for f.Y 2018-19 without late fees under cfss scheme.2020 as per cfss scheme 2020 issued by mca, mca has waived off penalty for aoc-4 and mgt-7 and normal fees for the same will be charged for further details kindly contact any practicing professional. It is important to note that you must be aware of the deadlines of key financial tasks in order to avoid fines, penalties and other problems in the coming year. Extended filing due date. 2018-19 and F.Y. All the taxpayers covered under the composition scheme can now file the annual GST returns under GSTR 4 due date, for the FY 2019-20, by 31st August 2020.This date has been extended by the CBIC from 31st August to 31st October. A director who has not updated the Director KYC i.e. Copyright © 2021 The Indian Express [P] Ltd. All Rights Reserved, Dec 31 last date for these financial tasks: Income tax return, Vivad Se Vishwas scheme, GST annual return, There are various important financial tasks that have deadlines falling on December 31, 2020. For all the latest Business News, download Indian Express App. 2. For the year 2019-20, if the IDs of a company have not been able to hold even one meeting, the same shall not be viewed as a violation.”, “The requirement to create a Deposit reserve of 20% of deposits maturing during the financial year 2020-21 before 30th April 2020 shall be allowed to be complied with till 30th June 2020.”, “The requirement to invest 15% of debentures maturing during a particular year in specified instruments before 30th April 2020, maybe done so before 30th June 2020.”, “Newly incorporated companies are required to file a declaration for Commencement of Business within 6 months of incorporation. Federal business and not-for-profit corporations can file their annual return online. DEAR SIR 15th day of the 10th month after the close of your tax year. This includes levies of $17.39 for the Financial Markets Authority (FMA) and $6 for the External Reporting Board (XRB) and $1 for the Insolvency Practitioners Regime (IP). In view of the above and in the interest of the Nation as a whole, it is once again humbly requested that the due date of filing the GST Annual Return for the financial year 2018-19 and subsequent filing of GST Audit Report be suitably extended, to say at least till 31.03.2021, from the current extended … AOC 4 FEE NORMAL 400 BUT ADDITONAL FEE 10100 AS PER ROC LAST DATE OF FILING BCZ 100 PER DAY AOC 4 /MGT47, Your email address will not be published. Their annual returns filing due dates will also be extended for 60 days. What is the due date for filing Annual Returns? Pay the filing fee. 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The annual return must be dated as at a day within the month the annual return is due, and the information in the annual return must be accurate as at that date. Due date: 04/15/22; 9% penalty begins: 04/16/22; 19% penalty begins: 06/01/22; 29% penalty begins: 07/01/22 An additional time of 6 more months shall be allowed.”, “Non-compliance of minimum residency in India for a period of at least 182 days by at least one director of every company, under Section 149 of the Companies Act, shall not be treated as a violation.”, “Due to the emerging financial distress faced by most companies on account of the large-scale economic distress caused by COVID 19, it has been decided to raise the threshold of default under section 4 of the IBC 2016 to Rs. 3. The information on the annual return must reflect the corporation's situation on its anniversary date of each year of filing. "In view of the same, on the recommendations of the GST Council, it has been decided to extend the due date for filing Annual Return (Form GSTR … form DIR-3 for F.Y. Also the MCA decided to extend due dates of AOC-4 NBFC (Ind AS) and AOC-4 CFS NBFC (Ind AS) from 31st January 2020 & 17th February 2020 respectively to 31st March 2020 without any penalty on the forms till the date. The extension of deadline for GST Return Filing for the FY 2019-20 till 31st October 2020 has been passed by the CBIC. The representations have been made on the grounds that due to the COVID-19 pandemic related lockdown and restrictions, normal business operations have still not been possible in several parts of the country, it said. For the FY 2018-19, the due date of filing annual return in form GSTR 9 has been extended till 30th June 2020 for those taxpayers having turnover above 5Cr. This will significantly ease the burden on companies & their auditors for the year 2019-20.”, “As per Schedule 4 to the Companies Act, 2013, Independent Directors are required to hold at least one meeting without the attendance of non-independent directors and members of management. Annual due date. Pl inform as early as possible. Late fee will be huge if AOC4 and MGT14 filed now right? File your ITR NOW to avoid late filing fee. Due date: 15th day of the 4th month after the beginning of your tax year. Companies have 30 business days from the date that the entity become due to file annual returns before it is in non-compliance with the Companies Act. The Indian Express is now on Telegram. What should I do ? What is the due date for AOC 4 & MGT 7 without late fees for 2019-20 ? “In view of the same, on the recommendations of the GST Council, it has been decided to extend the due date for filing Annual Return (Form GSTR-9/GSTR-9A) and Reconciliation Statement (FORM GSTR-9C) for Financial Year 2018-19 from October 31, 2020 to December 31, 2020,” the CBIC said. CA Portal facilitates you to choose a theme among the available hundreds of custom themes. WHAT IS THE LAST DATE FOR ROC FILING FOR ONE PERSON COMPANY FOR FY 2019-20 WITHOUT ANY LATE OR ADDITIONAL FEES ?? Annual due dates are listed below for the Combined Excise Tax Return, Business & Occupation Activities Return, and Retailing & Other Activities Return. The Central Board of Indirect Taxes and Customs (CBIC) extended the due date for filing of annual GST returns for 2019-20 by composition dealers by 2 months to October 31. For listed and non-listed companies whose AGMs are due during the period 16 April 2020 to 31 July 2020. If the current situation continues beyond 30th of April 2020, we may consider suspending sections 7, 9 and 10 of the IBC 2016 for a period of 6 months so as to stop companies at large from being forced into insolvency proceedings in such force majeure causes of default.”, “Detailed notifications/circulars in this regard shall be issued by the Ministry of Corporate Affairs separately”. However, according to the Central Board of Direct Taxes (CBDT) notification in this regard, the declaration under Vivad se Vishwas Scheme shall be required to be furnished by December 31. The annual return signed by a director or by the manager or secretary of the company shall be lodged with the Suruhanjaya Syarikat Malaysia within one month after holding its AGM or in the case of a company keeping pursuant to its articles a branch register in any place outside Malaysia within two months after the annual general meeting. 28.02.2020. Similarly, SGX RegCo – in consultation with ACRA – will give extensions for listed companies with a 31 March financial year-end date to hold their AGMs by 29 September. Filing your annual return . However, it is very important to note that if a taxpayer fails to do so by the year end, then (s)he may attract a fine of up to Rs 10,000. Use LLC Tax Voucher (3522) when making your payment and to figure out your due date. What is the fee for filing Income tax returns and ROC returns Fee of a CA To File your #ITReturn for AY 2020-21, visit https://t.co/EGL31K6szN A return is a document containing details of income that a taxpayer is required to file with the tax administrative authorities. An annual return costs: $12 (online) $40 (email or mail) File my annual return. There are various important financial tasks that have deadlines falling on December 31, 2020. For detail process of strike off kindly contact your concerned practicing professional. 2019-20 then what will be the penalty charged for such non-filing. May 19, 2020. The fee for filing an annual return is $45.39 (plus GST). If company has not commenced or has not done any business then you can strike off the company by filing form stk-2 with other relevant forms and documents. Annual tax. Separately, the government also extended the due date for furnishing GST annual returns for FY19 (2018-19) by two months till December 31. It is necessary for each company to furnish the annual accounts and annual return according to the Companies Act, 2013. DUE DATES FOR THE FIRST TIME FILLING WITH ROC ?. You’re required to pay an annual fee. This huge late filing fine will be imposed only if the taxpayer’s net income (income after claiming eligible deductions and tax exemptions) exceeds Rs 5,00,000 in the said financial year. Your annual tax amount is $800. 29.01.2020 and MGT-7 is required to be filed within 60 days from the date of AGM i.e. #ITRFileKaroJhatpat#AY202021#ITR@nsitharamanoffc @Anurag_Office @FinMinIndia @PIB_India pic.twitter.com/Z8H1qBAQKu, — Income Tax India (@IncomeTaxIndia) December 25, 2020. Required fields are marked *, I’m looking for* ie. 2006-07 onwards then such company shall be treated as a defaulting company. Currently, as per CFSS 202 Scheme penalty is not charged for such non-filing. > Your company is incorporated in Feb 2019. This will by and large prevent triggering of insolvency proceedings against MSMEs. Smart Bano, Aaj Hi File Karo. "On the recommendations of the GST Council, it has been decided to extend the due date for filing Annual Return (FORM GSTR-9/GSTR-9A) and Reconciliation Statement (FORM GSTR-9C) for Financial Year 2018-19 … Time FILLING with ROC? your tax year for FY 2019-20 without any late or additional fees? Oct. 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