{"id":4309,"date":"2018-06-19T18:59:20","date_gmt":"2018-06-19T13:29:20","guid":{"rendered":"http:\/\/carajput.com\/blog\/?p=4309"},"modified":"2021-11-11T13:51:28","modified_gmt":"2021-11-11T08:21:28","slug":"warning-for-those-who-has-not-filed-their-annual-account-yet","status":"publish","type":"post","link":"https:\/\/carajput.com\/blog\/warning-for-those-who-has-not-filed-their-annual-account-yet\/","title":{"rendered":"Warning for those who has not filed their annual account YET"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_58 counter-hierarchy ez-toc-counter ez-toc-light-blue ez-toc-container-direction\">\n<p class=\"ez-toc-title\">Page Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-69d78b8124e9b\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #000000;color:#000000\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #000000;color:#000000\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-69d78b8124e9b\"  aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/carajput.com\/blog\/warning-for-those-who-has-not-filed-their-annual-account-yet\/#Forms_for_annual_return\" title=\"Forms for annual return\">Forms for annual return<\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/carajput.com\/blog\/warning-for-those-who-has-not-filed-their-annual-account-yet\/#Statutory_Fee_for_Filing_Annual_Return\" title=\"Statutory Fee for Filing Annual Return \">Statutory Fee for Filing Annual Return <\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/carajput.com\/blog\/warning-for-those-who-has-not-filed-their-annual-account-yet\/#Filing_Annual_Return\" title=\"Filing Annual Return\">Filing Annual Return<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<figure id=\"attachment_8707\" aria-describedby=\"caption-attachment-8707\" style=\"width: 823px\" class=\"wp-caption alignnone\"><a href=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2018\/06\/Annual-Account-and-Annual-return.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-8707\" src=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2018\/06\/Annual-Account-and-Annual-return.jpg\" alt=\"www.carajput.com; Annual-Account-and-Annual-return\" width=\"823\" height=\"402\" srcset=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2018\/06\/Annual-Account-and-Annual-return.jpg 615w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2018\/06\/Annual-Account-and-Annual-return-300x146.jpg 300w\" sizes=\"(max-width: 823px) 100vw, 823px\" \/><\/a><figcaption id=\"caption-attachment-8707\" class=\"wp-caption-text\"><strong style=\"text-align: justify; font-size: 16px;\">Warning for those who have not filed their annual account YET<\/strong><\/figcaption><\/figure>\n<p style=\"text-align: justify;\">All companies registered in India must file annual return each year, irrespective of business turnover or activity. Annual return must be filed in Form MGT-7 and Form AOC-4 is also filed along with the annual return.<\/p>\n<p style=\"text-align: justify;\">Any person who is a shareholder or Director in a\u00a0private limited company should take steps to immediately file any overdue compliance to prevent heavy penalty which would become due from 1st July 2018.there will be a very significant high penalty for not filing annual return from 1st July 2018.<\/p>\n<p style=\"text-align: justify;\">Accordingly, in case the due date of filings under Section 92 or 137 (Annual Financial Statement) of the Companies Act, 2013 dead after\u00a0<strong>30\/06\/2018<\/strong> \u00a0the additional fee\u00a0<strong>@Rs.100 per day<\/strong>\u00a0shall become payable in respect of\u00a0<strong>MGT-7, AoC-4, AoC-4 XBRL and AoC-4 CFS<\/strong>.<\/p>\n<h2 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Forms_for_annual_return\"><\/span>Forms for annual return<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"text-align: justify;\">Annual returns or balance sheet\/financial statement which were due to be filed whether under the Companies Act,1956\u00a0<strong>(23AC,23ACA,23AC XBRL,23ACA XBRL,20B,21A)<\/strong>or the Companies Act, 2013\u00a0<strong>(MGT-7, AoC-4, AoC-4 XBRL and AoC-4 CFS)<\/strong>\u00a0additional fee as per the applicable slab for the period of delay up to 30th June 2018 plus\u00a0<strong>@Rs.100 per day<\/strong>\u00a0w.e.f 1st July 2018 shall become payable.<\/p>\n<p style=\"text-align: justify;\">All companies in India as a part of their annual compliance. must be filed their Form MGT-7\u00a0&amp; Form\u00a0AOC-4<\/p>\n<p style=\"text-align: justify;\">As per Companies Act, 2013 every Company have to file e-form MGT-7 within 60 from the date of Annual General Meeting \u2018AGM\u2019 and AOC-4 required filing with <a href=\"https:\/\/www.legalpillers.com\/services\/roc-compliances-of-pvt-ltd-opc\/\">ROC<\/a> within 30 from the date of AGM.<\/p>\n<h3 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Statutory_Fee_for_Filing_Annual_Return\"><\/span><strong>Statutory Fee for Filing Annual Return <\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p style=\"text-align: justify;\">Above Declaration, MCA has significant the heavy\u00a0 penalty for not filing annual return of a company.\u00a0The penalty for not filing annual return of a company after 1st July 2018 would be Rs.100 per day per form.<\/p>\n<p style=\"text-align: justify;\">Since, a company must file both MGT-7 and AOC-4, the penalty would be Rs.200 per day for not filing annual return.<\/p>\n<p style=\"text-align: justify;\">If a company that was incorporated under Companies Act, 1956 or Companies Act, 2013 has so far not filed its annual return, it can file annual return paying the reduced penalty under the old regulations upto 30th June 2018. From 1st July 2018, the penalty would be increased multi-fold to Rs.100 per day per form.<\/p>\n<table>\n<tbody>\n<tr>\n<td width=\"348\"><\/td>\n<td width=\"143\"><\/td>\n<td width=\"148\"><\/td>\n<\/tr>\n<tr>\n<td><strong>Period of Delay<\/strong><\/td>\n<td><strong>Current Penalty<\/strong><\/td>\n<td><strong>Proposed Penalty<\/strong><\/td>\n<\/tr>\n<tr>\n<td>Upto 15 days (sections 93,139 and 157)<\/td>\n<td>Rs.400<\/td>\n<td>Upto Rs.3000<\/td>\n<\/tr>\n<tr>\n<td>More than 15 days and upto 30 days (Sections 93, 139 and 157) and upto 30 days in remaining forms.<\/td>\n<td>Rs.800<\/td>\n<td>Upto Rs.6000<\/td>\n<\/tr>\n<tr>\n<td>More than 30 days and upto 60 days<\/td>\n<td>Rs.1600<\/td>\n<td>Upto Rs.12000<\/td>\n<\/tr>\n<tr>\n<td>More than 60 days and upto 90 days<\/td>\n<td>Rs.2400<\/td>\n<td>Upto Rs.18000<\/td>\n<\/tr>\n<tr>\n<td>More than 90 days and upto 180 days<\/td>\n<td>Rs.4000<\/td>\n<td>Upto Rs.36000<\/td>\n<\/tr>\n<tr>\n<td>More than 180 days and upto 270 days<\/td>\n<td>Rs.4800<\/td>\n<td>Upto Rs.54,000<\/td>\n<\/tr>\n<tr>\n<td>Delay beyond 270 days<\/td>\n<td>Rs.100 per day<\/td>\n<td>Rs. 100 per day per form<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3><span class=\"ez-toc-section\" id=\"Filing_Annual_Return\"><\/span><strong>Filing Annual Return<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p style=\"text-align: justify;\"><a href=\"https:\/\/carajput.com\/\"><strong><em>Rajput Jain &amp; Associates<\/em><\/strong><\/a> provides an easy and online process for Entrepreneurs to file their annual return and\u00a0<a href=\"https:\/\/carajput.com\/income-tax-services.php\"><strong>income tax return<\/strong><\/a>\u00a0along with financial statement and board meeting documents preparation at very reasonable price .<\/p>\n<p style=\"text-align: justify;\">Talk to an Rajput Jain &amp; Associates \u00a0Advisor to know more and\u00a0<strong>file Annual Return for your company<\/strong>\u00a0easily.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; &nbsp; All companies registered in India must file annual return each year, irrespective of business turnover or activity. Annual return must be filed in Form MGT-7 and Form AOC-4 is also filed along with the annual return. Any person who is a shareholder or Director in a\u00a0private limited company should take steps to immediately &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[18],"tags":[2444,2331,2332,2446,2445,2447,2443],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/posts\/4309"}],"collection":[{"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/comments?post=4309"}],"version-history":[{"count":4,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/posts\/4309\/revisions"}],"predecessor-version":[{"id":18649,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/posts\/4309\/revisions\/18649"}],"wp:attachment":[{"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/media?parent=4309"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/categories?post=4309"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/tags?post=4309"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}