Counsel
Ask an expert!
Legal, accounting and compliance advice from qualified professionals.
Companies Act-2013 exempt you from filing the annual returns of the financial year 2016-17 along with annual returns for 2017-18. However if you wish to file the annual returns for the company for FY 2016-17 also you can do so.
The last date to conduct a general meeting for the company while filing its first returns on December 31, in your cas...
W Network
caPenalty for not filing ROC return on time.
I got my Pvt Ltd. registered on 08/02/2017 and I did not file for any compliances until last week of January 2018. How much will I be penalised for that?
-
W Network
caCompanies Act-2013 exempt you from filing the annual returns of the financial year 2016-17 along with annual returns for 2017-18. However if you wish to file the annual returns for the company for FY 2016-17 also you can do so.
The last date to conduct a general meeting for the company while filing its first returns on December 31, in your case December 31, 2017. Within 30 days of this meeting, you will have to file annual returns of the company. Hence theoretically the last date for filing is January 30, 2018, and hence no penalty if you file before this date.
However, if the general meeting is held any time before December then you will have to pay penalty. For eg, if the general meeting is held on November 30 then the last date was December 30, 2017, and hence the penalty would be twice the normal fees. Since there are 3 forms that need to be filed penalty for a delay of less than one month is Rs.600/Rs.800/Rs.1000/Rs.1200 perform based on the authorized share capital of the company.
In case you need any assistance in legal or accounting or secretarial services, things can be consulted and delivered seamlessly on Wazzeer platform -> "Get Started!"
almost 3 years ago
View answer
Penalty for not filing ROC return on time.
I got my Pvt Ltd. registered on 08/02/2017 and I did not file for any compliances until last week of January 2018. How much will I be penalised for that?
-
W Network
caCompanies Act-2013 exempt you from filing the annual returns of the financial year 2016-17 along with annual returns for 2017-18. However if you wish to file the annual returns for the company for FY 2016-17 also you can do so.
The last date to conduct a general meeting for the company while filing its first returns on December 31, in your case December 31, 2017. Within 30 days of this meeting, you will have to file annual returns of the company. Hence theoretically the last date for filing is January 30, 2018, and hence no penalty if you file before this date.
However, if the general meeting is held any time before December then you will have to pay penalty. For eg, if the general meeting is held on November 30 then the last date was December 30, 2017, and hence the penalty would be twice the normal fees. Since there are 3 forms that need to be filed penalty for a delay of less than one month is Rs.600/Rs.800/Rs.1000/Rs.1200 perform based on the authorized share capital of the company.
In case you need any assistance in legal or accounting or secretarial services, things can be consulted and delivered seamlessly on Wazzeer platform -> "Get Started!"
almost 3 years ago
Looking to hire a professional from our handpicked community?
Explore our services, submit your request and let us do the rest for you.