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.
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.
CAclubindia
