Roc

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pvsrikanth (Querist)
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16 August 2011 DEAR SIR,

EVERY YEAR ROC HAS TO RENEVAL OR NOT ? IF RENEVAL HOW MANY TIMES IT HAS TO RENEVAL? WHAT IS SCHEDULE V & VI IN COMPANIES ACT WHAT IS THE PURPOSE OF THOSE FORMS? WHAT IS GAR-7 CHALLAN WHY SHOULD WE USE IT WHICH PURPOSE.

H B BHASKAR SHENOY

H B BHASKAR SHENOY (Expert)
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17 August 2011 Every year, every company must file its Balance Sheet and P & L account with the ROC of appropriate jurisdiction within 30 days from the AGM.
A return called annual return is to be filed within 60 days from the AGM. These two filings constitute the renewal you are talking of. It is only once a year.
Schedule V is the format of annual return etc. and Schedule VI is the format in which the Balance Sheet is to be drafted.
GAR-7 is the challan for remittance of service tax and has nothing to do with ROC.