The Ministry of Corporate Affairs (MCA) has again extended the due date of filing Annual Return and Financial Statement.
The MCA has again relaxed the levy of additional fees for filing of e-forms AOC-4, AOC-4 (CFS), AOC-4, AOC-4 XBRL AOC-4 Non-XBRL till 15.03.2022 and for filing of e-forms MGT-7/MGT-7A for the financial year ended on 31.03.2021 till 31.03.2022.
MGT-7 is an electronic form provided by the Ministry of Corporate affairs to all the corporates in order to fill their annual return details. This e-form is maintained by the Registrar of Companies via electronic mode and on the basis of the statement of correctness given by the company.
Form AOC 4 is used to file the financial statements for each financial year with the Registrar of Companies (ROC). In the case of consolidated financial statements, the company shall file the AOC 4.
Keeping in view the extension of timelines for audit/ tax audit and finalization of accounts under the Income Tax Act, 1961, this extension was very much required to synchronize with the inter-connected chain of events.
Accordingly, the ROC annual return due date for FY 2020-21 stands extended for companies, without payment of additional fee, as under:
i) AOC-4, AOC-4 CFS, AOC-4 XBRL, AOC-4 Non-XBRL: upto 15/03/2022
ii) MGT-7 and MGT-7A: upto 31/03/2022
