Ritika Agarwal (Professional) (55 Points)
17 March 2016
Megha Choudhary
(Management Trainee)
(541 Points)
Replied 17 March 2016
Company: Rs. 50,000/- to 5,00,000/-Officer: Rs. 50,000/- to 5,00,000/- and/or imprisonment of 6 months
PENALTY !!
talk to ROC about compounding .
Arun choudhary
(articalship)
(153 Points)
Replied 17 March 2016
As per section 92(5) of companies Act 2013, if a company fails to file its annual return under sub section (4) before the expiry period i.e 270 Days from the date it should have filed, then its shall be punishable with fine Rs 50000 to 500000 and every officer who is in default for it shall be punishable with 6 Month imprisonment or fine from Rs 50,000 to Rs 5,00,000 or both.
and yes you can file return now with these penalties.
Arun choudhary
(articalship)
(153 Points)
Replied 17 March 2016
no need to thanx dear. because we have also learned from such type of queries. so keep it continue.
Nidhi Jain
(CS )
(987 Points)
Replied 17 March 2016
Arun is right when someone post query we also learn about that
CS Arjun Rajagopal
(B.com, ACS)
(1056 Points)
Replied 17 March 2016
Since Annual Filing pertains to F.Y 2013-14 eforms 20B,23AC&ACA,66 can be filed by paying ROC filing fees(normal +additional) only. No need to go for voluntary compounding of offence in this case.
But under Companies Act, 2013 from F.Y 2014-15 onwards if there is any delay in filing of annual filing beyond 270 days. You have to go for compounding of offence.
Regards,
Arjun Rajagopal
Amit Kanunga
(Article Assistant and Post Gradute)
(644 Points)
Replied 23 March 2016
Asking query from anyone will be helpfull to ALL the members.
Hope I m Correct !!!
Ritika Agarwal
(Professional)
(55 Points)
Replied 25 March 2016
Yes mr amit you are absoultely correct..
N thank you everyone for your valuable suggestions....it was really helpful :)
Munim.in
(Finance Professional)
(303 Points)
Replied 24 April 2016
CAclubindia
